South Korea’s money supply growth eased to 7.1% in January, down slightly from 7.3% previously.
Gold nears $5,000 then slips; investors watch central bank decisions and escalating Middle East conflict risks.
AUD/USD rebounds near 0.7010 as strong China data lifts Aussie; softer USD, eased risk aversion, Fed awaited.
NZD/USD edged up to 0.5805 as strong China data offset limited Kiwi gains amid Middle East tensions.
China’s retail sales and industrial output beat forecasts, while investment improved; AUD/USD rose modestly.
China’s fixed asset investment rose 1.8% year-to-date in February, beating the forecasted 0.4% decline.
China’s February retail sales rose 2.8% year-on-year, beating the 2.5% forecast, signaling stronger consumer spending.
China’s February industrial production grew 6.3% year-on-year, beating the 5.1% market forecast expectation.
China’s house price index fell 3.2% in February, slightly worse than January’s 3.1% annual decline.
DXY slipped from 10-month peak as Iran conflict fears eased; oil fell; markets await Fed guidance Wednesday.
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
