US President Donald Trump says trade will be priority in summit with Xi, not Iran

US President Donald Trump says trade will be priority in summit with Xi, not Iran

US President Donald Trump said that he would prioritize trade discussions during his summit with Chinese President Xi Jinping and downplayed the amount of attention they would devote to the Iran war, Bloomberg reported on Tuesday. Key quotes We’re going to be talking to President Xi about a lot of things. I would say, more […]

Range holds as Malaysia outperforms – Commerzbank

Range holds as Malaysia outperforms – Commerzbank

Commerzbank strategists note that USD/MYR has remained in a 3.90–4.05 range since the Middle East conflict began. Malaysia’s March industrial production grew 3.1% year-on-year, supported by strong manufacturing and electronics despite weaker mining. They highlight that MYR is the best-performing Asian currency this year, helped by Malaysia’s net energy exporter status. Stable range with MYR […]

Gold price sinks as hot CPI, Oil surge crush Fed cut bets

Gold price sinks as hot CPI, Oil surge crush Fed cut bets

Gold (XAU/USD) price falls more than 1% on Tuesday as US inflation came in hotter than expected, prompting investors to price out Federal Reserve (Fed) rate cuts in 2026. The XAU/USD pair trades at $4,678 after reaching a daily high of $4,773. XAU/USD slides as hot CPI lifts Dollar, yields and Fed hike bets The […]