India Cumulative Industrial Output climbed from previous 4% to 4.1% in February
India Cumulative Industrial Output climbed from previous 4% to 4.1% in February
India Industrial Output registered at 5.2% above expectations (4.7%) in February
India Manufacturing Output increased to 6% in February from previous 4.8%
The US Dollar (USD) has snapped a four-day rally against the Japanese Yen on Monday, and retreated from 20-month highs above 160.00 reached during the early Asian trading session, a level considered a line in the sand for Japanese authorities.
TD Securities strategists Julie Ioffe and James Rossiter argue that the ECB faces a more benign backdrop in 2026 than in 2022.
OCBC strategists Sim Moh Siong and Christopher Wong describe Gold’s latest bounce as largely technical after a near 20% drawdown since the Iran conflict began.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $70.92 per troy ounce, up 1.46% from the $69.90 it cost on Friday.
Belgium Consumer Price Index (MoM) declined to 0.12% in March from previous 0.54%
Belgium Consumer Price Index (YoY) climbed from previous 1.45% to 1.65% in March
EUR/GBP trades around 0.8680 on Monday at the time of writing, virtually unchanged on the day. Price action remains limited as investors adopt a cautious stance amid rising geopolitical tensions in the Middle East and ahead of key inflation data from Germany.
HSBC analysts argue the Canadian Dollar (CAD) has outperformed most G10 peers during the Middle East conflict but now appears to be losing momentum.
Greece Producer Price Index (YoY) climbed from previous -3.7% to -1.7% in February