PBoC seen resisting strong appreciation – Commerzbank
Commerzbank economists Dr. Henry Hao and Volkmar Baur say China’s industrial profits surged early in 2026, led by AI-related electronics, but this strength predates the recent energy shock. With higher Oil prices now squeezing downstream margins and ending producer-price deflation via cost-push inflation, they argue the PBoC is unlikely to allow a strong CNY appreciation […]
Rebound capped below $70 with downside risks
Silver (XAG/USD) price turns positive on Friday after posting back-to-back bearish sessions, as heightened tensions in the Middle East decreased the white metal’s safe-haven appeal, prompting traders to turn to the US Dollar (USD). Nevertheless, buyers emerged, pushing XAG/USD higher and driving it near the $70.00 figure, up 2.70%. XAG/USD Price Forecast: Technical Outlook Silver […]
Extended pause view after BSP off-cycle move – UOB
UOB’s Global Economics & Markets Research, via Julia Goh and Loke Siew Ting, notes that the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP) kept the RRP (Reverse Repurchase Rate) rate at 4.25% in an off-cycle meeting as supply-driven inflation and Middle East risks intensify. The bank expects a prolonged policy pause, with […]
War-driven pressures challenge BOT stance – DBS
DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity shocks. The report notes that upside inflation risks from the Iran war have likely closed room for further Bank of Thailand (BoT) easing, with markets […]
Gold jumps above $4,500 as war fears revive haven buying spree
Gold (XAU/USD) price rallies over 3% on Friday as dip buyers emerge, amid the conflict entering its fifth week of hostilities, with no signs of de-escalation, and as inflation pressures rise. At the time of writing, XAU/USD trades at $4,510 after bouncing off daily lows of $4,375. Heightened geopolitical tensions underpin Gold, Oil and the […]
ECB: Oil shock complicates path – ING
ING notes that ECB officials have offered little resistance to hawkish market pricing as Oil rises, reinforcing front-end EUR rate expectations. Source link
Safe-haven appeal looks diminished – Nordea
Nordea’s Jan von Gerich observes that recent equity weakness has not produced a stronger Dollar, suggesting its traditional safe-haven role is less dominant than before. He links this to market reactions around the Middle East conflict, where Oil and yields have been more responsive, while the USD’s response to risk-off episodes appears more muted than […]
UK Retail resilience tempers data impact – TD Securities
TD Securities analysts note United Kingdom (UK) Retail Sales for February beat expectations, showing only slight mean reversion after strong gains and maintaining a positive three‑month trend. Weather-related weakness was broad but not fundamentally alarming. They judge the Monetary Policy Committee (MPC) unlikely to react strongly, while GfK confidence fell to its lowest since Liberation […]
Policy clarity and intervention risks – Rabobank
Rabobank’s Senior FX Strategist Jane Foley notes that Bank of Japan policy expectations have changed little versus other G10 central banks, with markets already pricing a gradual tightening path. She highlights political concerns around BoJ independence, new inflation indicators supporting further hikes, and ongoing intervention risks. Rabobank projects USD/JPY near 152.00 in six months, with […]
Gold price in India: Rates on March 27
Gold prices rose in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 13,496.38 Indian Rupees (INR) per gram, up compared with the INR 13,332.36 it cost on Thursday. The price for Gold increased to INR 157,416.30 per tola from INR 155,506.80 per tola a day earlier. Unit measure […]
