Singapore’s industrial output fell; GBP/USD, EUR/USD struggled; gold held above $3,000; Bitcoin hovered near $87,000.
Japan’s Services Producer Price Index rose 3% year-on-year in February 2025, below the expected 3.1%.
GBP/USD declines to 1.2930, below the nine-day EMA, as UK inflation data and US reports loom.
US fiscal strength is weakening as rising interest payments, deficits, and political uncertainty threaten debt sustainability and flexibility.
USD/CAD declines amid oil gains and tariff concerns; Fed maintains restrictive policy as inflation progress slows.
Morgan Stanley upgrades MSCI China and Hang Seng, citing improving valuations, corporate discipline, rising shareholder returns, and tech momentum.
Trump announces copper import tariffs; COMEX Copper hits record $5.37; AUD weakens; tariffs fund tax cuts.
BOJ may raise rates if economic trends align; inflation uncertain but could accelerate, requiring policy adjustments.
Rabobank predicts EUR/USD will rise to 1.12 in a year after short-term weakness and eventual recovery.
Stocks rose as tech led gains, but weak confidence, tariffs, and economic uncertainties kept markets cautious and unsettled.
