USD/JPY fell from above 150.10 to below 149.60 after Tokyo inflation data signaled yen weakness.
China’s macro policy aims to boost demand, impacting Australia’s exports, Trade Balance, and AUD value amid market fluctuations.
Japan’s retail sales grew 3.9% in January, while February’s Tokyo CPI rose 2.9%, weakening the yen.
South Africa’s private sector credit rose to 4.59% in January, up from 3.83% the previous month.
Tokyo’s February CPI rose 2.9% YoY, below expectations. USD/JPY increased, signaling reduced BOJ rate hike pressure.
EUR/JPY declines to 155.30 as BoJ signals rate hikes, Tokyo CPI slows, and trade tensions persist.
OPEC+ debates an April oil output hike; Russia, UAE support it, but Saudi Arabia prefers a delay.
Silver holds above the 100-day SMA at $31.15, with key levels at $30.00 support and $33.40 resistance.
Japanese labour unions seek record wage increases amid rising living costs, reinforcing arguments for Bank of Japan rate hikes.
AUD declines for six days amid US tariffs; RBA concerns, trade risks, and economic factors influence outlook.
