Gold prices in UAE rose to 338.62 AED per gram. Central banks’ gold purchases reached record levels.
China plans countermeasures against U.S. tariffs, targeting agriculture, amid declining exports and uncertain trade negotiations.
EUR/JPY rises to 156.65 amid BoJ rate hike expectations and upcoming Eurozone HICP, US ISM data.
Trump established a Crypto Strategic Reserve, boosting XRP, SOL, ADA, Bitcoin, and Ethereum prices amid market movements.
Claudia Buch will keynote Finanzplatztag 2025, discussing financial regulation, competitiveness, cryptocurrencies, and Frankfurt’s financial role.
Core inflation in Indonesia rose to 2.48% YoY in February, exceeding expectations and indicating rising inflationary pressures.
Silver declines to $31.13, struggling below $33.00 amid selling pressure, support at $30.89, geopolitical and economic influences persist.
Caixin China Manufacturing PMI rose to 50.8 in February 2025, driven by increased output, new orders, and exports.
USD/JPY trades at 150.59, needing 150.93 to break downtrend. Resistance at 151.00; support at 148.57.
PBOC sets yuan midpoint, allowing +/- 2% fluctuation. Recent injection: 97 billion yuan; net drain: 195.5 billion.
