Euro pressured near 1.15 as EU sentiment falls below average; stagflation, energy worries drive heavy selling.
Gold rebounds above $4,500 after $4,100 support; mildly bullish signals. Resistance $4,610; support $4,355; dollar firm.
India’s cumulative industrial output rose to 4.1% in February, edging up 0.1 percentage points from 4.0%.
India’s February industrial output rose 5.2%, exceeding the 4.7% forecast and signaling stronger-than-expected activity.
OCBC strategists say gold’s rebound is technical; sustaining gains requires breaking resistance amid rising yields, fewer cuts.
Silver rises to $70.92, up 1.46%, while gold/silver ratio dips; prices influenced by demand, macro.
Belgium’s consumer price index rose 0.12% in March, slowing from 0.54% the previous month.
Belgium’s CPI rose 1.65% year-on-year in March, up from 1.45%, marking a 0.20-point increase.
Eurozone consumer confidence stayed weak in March at -16.3, matching forecasts and signaling subdued household outlook.
Eurozone Economic Sentiment Indicator rose to 96.6 in March, slightly above the 96.5 forecast.
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