AUD/JPY gains ground for the second consecutive trading day, trading around 110.10 during the European hours on Wednesday. The currency cross appreciates as the risk-sensitive Australian Dollar (AUD) receives support amid de-escalating Middle East tensions.
Greece Unemployment Rate (MoM) up to 8.5% in February from previous 7.7%
DBS Group Research economist Radhika Rao notes Eurozone inflation accelerated to 2.5% year-on-year in March 2026, mainly on higher energy costs, while food and core pressures stayed moderate.
The Euro (EUR) accelerated its recovery against the Japanese Yen (JPY) on Wednesday, reaching session highs above 183.80, from 182.65 lows on Monday, fuelled by the release of stronger-than-expected Eurozone manufacturing figures and a brighter market mood.
The EUR/USD pair extends Tuesday’s recovery on Wednesday, trading 0.3% higher to near 1.1600 during the European session. The major currency pair gains as demand for safe-haven assets has diminished due to increased hopes of a ceasefire in the Middle East.
Standard Chartered economists Dan Pan and Steve Englander argue that additional US tax refunds under the OBBBA will be smaller than markets and Congress expect, limiting their impact on 2026 US growth.
Bank of Japan (BoJ) policymaker Toichiro Asada said during European trading hours on Wednesday that higher oil prices have prompted upside inflation risks.
ING’s Ewa Manthey and Warren Patterson report that Gold has extended gains for a third session, with spot prices moving above $4,700/oz as hopes grow that war in the Middle East could end within weeks.
United Kingdom S&P Global Manufacturing PMI below forecasts (51.2) in March: Actual (51)
Societe Generale analysts Reo Sakida and Jin Kenzaki highlight stronger‑than‑expected resilience in Japan’s non‑manufacturing sector in 1Q, based on the 4Q25 Tankan survey.
Dow Jones futures gain by 0.64%, trading near 46,900 during European hours on Wednesday, ahead of the United States (US) regular market open. Meanwhile, S&P 500 and Nasdaq 100 futures rise 0.72% and 1.06% to near 6,620 and 24,170, respectively, at the time of writing.
The US Dollar (USD) is trading lower against its main peers on Wednesday, as Trump’s comments hinting at a swift end to the war in Iran have boosted investors’ appetite for risk.
