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.
Gold prices fell over 1% due to a stronger US Dollar and trade policy concerns amid economic uncertainty.
Australia’s business inventories rose 0.1% in Q4 2024, while operating profit surged 5.9%, exceeding expectations.
AUD/USD fell 0.54%, nearing 0.6200, impacted by tariffs, weak Australian data, and US PCE figures.
Japan’s Manufacturing PMI rises to 49.0 but remains in contraction amid weak demand, rising costs, and uncertainty.
