Live Updates

    12 March 2025
    The US Dollar may drop further towards 7.2200 against the Chinese Yuan if it stays below 7.2500

    USD/CNH remains pressured, targeting 7.2200. Resistance at 7.2650 limits recovery, with further declines toward 7.2000 possible.

    12 March 2025
    There are no key option expiries today; market focus remains on risk mood and US CPI report

    No major FX option expiries; focus on risk sentiment, Trump’s tariffs, and US Consumer Price Index report.

    12 March 2025
    In January, India’s cumulative industrial output reached 4.2%, slightly higher than the previous 4%

    India’s industrial output rose to 4.2% in January, while gold holds at $2,920 amid economic shifts.

    12 March 2025
    Today features limited activity, with traders awaiting the US CPI report for direction on markets

    US CPI report in focus; dollar steady; EUR/USD above 1.0900; USD/JPY rebounds; risk trades struggle; Lagarde speaks.

    12 March 2025
    India’s manufacturing output increased from 3% to 5.5%, reflecting positive economic growth in January

    India’s manufacturing grew to 5.5%, US inflation rose, EUR/USD strengthened, gold stayed above $2,900.

    12 March 2025
    Honda has opted for a ¥15,000 monthly wage increase in 2025 amidst mixed results in negotiations

    Honda proposed a ¥15,000 wage hike, below the union’s ¥19,500 request. Nissan offered ¥16,500, while Toyota complied.

    12 March 2025
    The New Zealand Dollar is projected to fluctuate between 0.5675 and 0.5730 against the US Dollar

    NZD momentum is neutral, trading between 0.5675-0.5730; a drop below 0.5660 may prevent reaching 0.5775.

    12 March 2025
    TSMC has initiated discussions with Nvidia, AMD, and Broadcom regarding a joint venture for Intel’s foundries

    TSMC discusses managing Intel’s foundry with Nvidia, AMD, and Broadcom, ensuring a stake under 50% to address concerns.

    12 March 2025
    Despite global market uncertainties, oil prices rose yesterday, aided by a weaker US dollar

    Oil prices rose as the US dollar weakened, while inventory changes and revised surplus estimates impacted market expectations.

    12 March 2025
    Goldman Sachs increases credit spread predictions and lowers S&P 500 target due to tariff concerns

    Goldman Sachs raises credit spread forecasts, lowers S&P 500 target, cites tariffs, economic risks, and Fed concerns.

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