EUR/USD rebounds to 1.0780 as USD pulls back; tariffs, Fed rate cut outlook, and trade risks influence markets.
Goldman Sachs remains optimistic on Chinese equities but warns of challenges from policy risks and profit-taking ahead.
GBP/USD rises to 1.2910 as US Dollar weakens; market watches US jobless claims and GDP data.
China’s banks accelerate property loan write-offs, purging balance sheets amid regulatory pressure and persistent sector weakness.
The PBOC set the USD/CNY rate at 7.1763, adjusting policy tools to maintain stability and support growth.
Shanghai Gold Exchange adds major insurers, enabling direct gold purchases and potentially increasing institutional demand significantly.
Foreign investment in Japan improved, gold gained traction, and Cardano recovered amid dollar fluctuations and trade tensions.
Dallas Fed Energy Survey shows declining business activity, rising uncertainty, stable employment, and increasing costs in 2024.
Foreign investment in Japanese stocks rose to ¥-1 billion in March 2021, reducing outflows and signaling shifting sentiment.
Trump suggested lowering China tariffs to aid ByteDance’s TikTok sale while imposing 25% tariffs on foreign cars.
