USD/JPY trades below 148.00 as Japan’s wage pressures rise, with Rengo demanding 6.09% wage growth.
Gold futures traded at $2,917.8 on 10 March 2025, showing bearish momentum with strong selling pressure prevailing.
Silver prices rose to $32.56 per ounce, up 0.20%, driven by industrial demand and geopolitical factors.
Japan’s January leading indicator index rose to 108.0, while the coincident index increased slightly to 116.2.
JPY strengthens against a weaker USD as BoJ rate hike expectations rise; bond yields and wage growth support gains.
Michael Saylor proposed a U.S. Strategic Bitcoin Reserve, but Trump’s policy shift led to Bitcoin’s decline.
Sweden’s industrial production dropped from 5.7% to -7.6% in January, marking a significant downturn.
EUR, AUD, and NZD reversed gains; USD/JPY recovered. No new developments. DXY updates on USD performance continue.
Germany’s industrial production improved, Sentix confidence rose, GBP/USD faced pressure, gold stabilised, crypto declined, inflation moderated.
Japan’s current account deficit reached 257.6 billion yen in January, driven by a weak yen and rising imports.
Insights 
VT 
