- Imported inflation and rising domestic costs mean that domestic inflation still a concern
- Fall in PPI in March will reduce consumer price pressures
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Japan services PMI hits 11-month high as demand and hiring strengthen The stronger PMI reinforces signs of a broadening economic recovery in Japan, though softer confidence and rising selling prices may complicate the near-term policy outlook.
New Zealand Commodity Price Index rose in January The ANZ World Commodity Price Index is an indicator of price trends for New Zealand's 17 main commodity exports
PBOC is expected to set the USD/CNY reference rate at 6.9385 – Reuters estimate
China eyes global stage: Renminbi gains traction as dollar faces uncertainty; gold hits record highs.
Bitcoin dips below $73K, lowest since Nov '24. Stocks, gold also reprice liquidity amid AI & geopolitical jitters. Investors wary.
Tech stocks dump 1%, S&P 500 futures flat. Investors rotate to staples, AI fears hit software & chip valuations.
Gold steadies near $4950 after 15% YTD gain; volatility remains high, but long-term thesis intact.
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