Japan’s Services PMI rose to 53.7, Composite PMI reached 52.0, and Manufacturing PMI improved to 49.0.
USD/JPY rose to 149.75, up 0.50%, as traders await Trump’s speech and BoJ rate hike signals.
The ANZ World Commodity Price Index rose 3.0% in February 2025, tracking key New Zealand export prices.
Trump addressed Congress, urging oil drilling, tax cuts, tariffs, border security, and highlighting a stronger US Dollar.
Karoline Leavitt discussed foreign policy, Ukraine, Gaza hostages, deportations, and trade deal differences with Europe.
NZD/USD holds near 0.5650 as China’s Services PMI rises; US Dollar pressured by tariffs, growth concerns.
Lutnick and Ford clashed over trade tensions, with Lutnick criticizing Trudeau’s remarks as “very dumb.”
BoJ may adjust policy; interest rates monitored; wages and consumption rising; economy recovering; JGB purchases possible.
The IRS plans to cut its workforce by 50% through layoffs, attrition, and buyouts, sources report anonymously.
China’s Services PMI rose to 51.4, impacting Australia’s economy, Iron Ore prices, trade balance, and the AUD.
Insights 
VT 
