USD/JPY nears intervention zone; oil-driven shocks lift volatility. Coordinated US-Japan action unlikely, limiting sustained downside moves.
German industrial orders plunged 11.1% in January; excluding big contracts, demand flat, production down 0.5%.
Rising energy prices and Dutch gas strength weigh on euro; EUR/USD pressured as growth risks mount.
Pound Sterling slid to 1.3350 as safe-haven Dollar demand rose amid escalating Middle East conflict tensions.
US index futures rebounded in London; sentiment stayed weak amid Middle East tensions, higher oil, and key levels.
KOSPI surged on housing-to-stocks shift and Value-Up reforms, propelled by AI-driven Samsung and SK Hynix.
Mexico’s core inflation rose 0.46% in February, slightly below the 0.47% estimate, missing by 0.01 points.
Mexico’s headline inflation rose 0.5% in February, beating the 0.43% forecast and accelerating faster than expected.
Mexico’s annual inflation climbed to 4.02% in February, surpassing forecasts of 3.94%, signaling higher-than-expected price pressures.
USD/INR nears record 92.80 as Middle East tensions lift oil prices, boost Dollar demand, pressure Rupee.
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