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Gold slips below $4,800 as risk appetite drains safe-haven demand anew
Gold price retreats during the session, down nearly 1%, as risk appetite improves and flows rotate toward US equities, pushing the S&P 500 index past the 7,000 figure, poised to test the all-time high at around 7.014.
Silver Price Forecast: XAG stalls near $79 as doji halts rally
Silver (XAG/USD) price halted its advance on Wednesday as a doji candle emerged near the 50-day Simple Moving Average (SMA) at $79.09, a sign of indecision among traders, whether to push prices towards the next cycle high at $90.01 —the March 10 high—, or challenge the 100-day SMA key support at $76
United States Net Long-Term TIC Flows registered at $58.6B above expectations ($36.6B) in February
United States Net Long-Term TIC Flows registered at $58.6B above expectations ($36.6B) in February
United States Total Net TIC Flows increased to $184.5B in February from previous $-25B
United States Total Net TIC Flows increased to $184.5B in February from previous $-25B
China: Structural export strength and chip constraints – Standard Chartered
Standard Chartered economists Carol Liao, Moriarty Lam and Shuang Ding highlight that China has become the world’s largest exporter of AI‑related goods, with exports spanning raw materials to hardware and applications.
Fed’s Musalem: Easing tariff impact will help lower inflation
Alberto Musalem, President of the Federal Reserve (Fed) Bank of St. Louis, said in an interview with Reuters on Wednesday that the Oil shock caused by the Middle East war is likely feeding core inflation, and he expects it to be near 3% throughout the year.
SGD: Policy-induced appreciation to counter inflation – DBS
DBS Group Research economists Taimur Baig and Chua Han Teng argue that recent commodity price shocks will inevitably lift inflation in Singapore, but highlight the role of the Singapore Dollar and policy buffers.
Forex Today: US Dollar stalls as Middle East tensions linger
The US Dollar Index (DXY) struggled to build on recent gains, trading near 98.10 on Tuesday in a tight range as mixed US data and conflicting signals from yields capped momentum.
USD/JPY steady below 160.00 amid Japan intervention risks
USD/JPY holds firm on Wednesday despite a broadly weaker US Dollar (USD). The pair remains confined within a one-month trading range, as elevated Oil prices linked to tensions in the Middle East continue to weigh on the Japanese Yen (JPY).
KRW: Tech cycle and NPS hedging shift back bullish case – MUFG
MUFG’s Senior Currency Analyst Michael Wan argues that KRW could outperform in a de-escalation scenario despite vulnerability to prolonged conflict and higher Oil prices. The bank expects the strong AI and technology cycle to continue supporting South Korea.
China: Import strength offsets export cooling – UOB
UOB’s Ho Woei Chen highlights that China’s March data showed a sharp divergence between exports and imports, narrowing the trade surplus to a 13‑month low.
Pound Sterling Price News and Forecast: GBP/USD holds near 1.3570 as Iran talk optimism cools
The GBP/USD pair halts its advance on Wednesday and remains steady around 1.3570 as optimism about a resumption of US-Iran talks has tempered. At the same time, US equities extended their gains, and the Greenback seems to have bottomed after hitting a six-week low. Read More...
USD/TRY: Stable path with renewed carry interest – ING
ING analysts Muhammet Mercan, Frantisek Taborsky and James Wilson note that the Turkish Lira (TRY) has stabilised after US-Iran tensions eased, with the Central Bank of Turkey (CBT) maintaining market confidence and a steady USD/TRY path.
AUD/USD surges ahead of Australian jobs data as US Dollar loses footing
The AUD/USD surged near the 0.7160 price region on Wednesday, as investors positioned ahead of key Australian labor market data and continued to assess the broader US Dollar (USD) backdrop amid mixed United States (US) macro signals.
WTI Oil holds steady as US troop buildup, Iran talks keep prices in balance
West Texas Intermediate (WTI) US Oil trades around $89.10 on Wednesday at the time of writing, remaining broadly stable on the day after earlier falling to a three-week low near $85.
GBP/USD holds near 1.3570 as Iran talk optimism cools
The GBP/USD pair halts its advance on Wednesday and remains steady around 1.3570 as optimism about a resumption of US-Iran talks has tempered. At the same time, US equities extended their gains, and the Greenback seems to have bottomed after hitting a six-week low.
Gold consolidates losses as traders weigh Fed outlook and US-Iran talks hopes
Gold (XAU/USD) holds modest losses on Wednesday even as the US Dollar (USD) remains under broad pressure, while evolving Middle East developments continue to shape broader market sentiment.
EUR/USD edges higher as US-Iran talk hopes weigh on the US Dollar
EUR/USD regains ground on Wednesday, erasing earlier losses as the US Dollar (USD) continues to weaken, allowing the Euro (EUR) to extend gains for an eighth consecutive day amid improving risk sentiment driven by hopes of renewed US-Iran talks.
ECB’s Nagel: As long as Hormuz is not resolved, the danger of higher inflation rises
Joachim Nagel, President of the Bundesbank and member of the European Central Bank (ECB) spoke in an interview with Bloomberg on Wednesday. He said that questions about the Strait of Hormuz are essential, as we're between the baseline and an adverse scenario.
Oil: Supply shock sustains inflation risks – Rabobank
Rabobank Senior FX Strategist Jane Foley notes that while risk sentiment has improved and the Dollar’s safe-haven bid has faded, the physical Oil market tells a different story.
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