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About: anakin
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In Australia, Q4 2024 Business Inventories rose 0.1%, surpassing expectations, boosting GDP forecasts.
Australia’s business inventories rose 0.1% in Q4 2024, while operating profit surged 5.9%, exceeding expectations.
After the US PCE data, the AUD/USD pair fell to a three-week low around 0.6200.
AUD/USD fell 0.54%, nearing 0.6200, impacted by tariffs, weak Australian data, and US PCE figures.
Japan’s February Manufacturing PMI recorded 49.0, indicating ongoing contraction amid weak global demand challenges.
Japan’s Manufacturing PMI rises to 49.0 but remains in contraction amid weak demand, rising costs, and uncertainty.
Australia’s CFTC reported an increase in AUD NC net positions, rising from $-56.7K to $-45.6K.
Australia’s AUD sentiment improves; AUD/USD rises on China’s PMI. USD/JPY drops; gold rebounds on uncertainty. Focus: NFP, ECB.
The PBOC may set the USD/CNY reference rate at 7.2857, according to Reuters’ prediction.
PBOC sets the yuan’s midpoint at 7.2857, allowing a +/- 2% fluctuation, intervening if volatility arises.
