United States Redbook Index climbed 6.4% year-on-year on March 13, up slightly from 6.2% previously.
US diesel tops $5 at $5.044 amid Iran-linked Hormuz disruptions, tightening Gulf supplies and stoking inflation.
US ADP employment change four-week average slipped to 9K in week ending February 21, from 15.5K.
Gold dips 5% amid stronger dollar, ETF outflows, reduced rate-cut bets; inflation risks limit Fed support.
Silver steadies near $80.50 ahead of Fed decision; higher rates pressure; Middle East tensions support, triangle forms.
Canadian dollar outperformed during Iran conflict; flows steady but cautious ahead of BoC, with hedging prevalent.
US rates rose; swap spreads widened. Markets focus on Fed expectations, geopolitics, and upcoming 20-year reopening.
Germany’s ZEW current situation index improved to -62.9 in March, beating the -67.1 forecast, though weak.
Germany’s March ZEW economic sentiment fell to -0.5, missing forecasts of 38.7, signaling weaker expectations.
RBA hikes 25 bps to 4.10%, warns inflation risks; AUD swings, markets price further tightening.
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