AUD/USD falls to 0.6200 amid US tariffs on China, impacting Australia’s economy and trade balance concerns.
China’s banks lower dollar deposit rates to encourage yuan conversions, reflecting Beijing’s stance on capital control measures.
Italy’s inflation rose 0.2% in February 2025; EUR/USD steady near 1.0400 amid geopolitical concerns and tariffs.
Gold declines over 2% this week, breaking gains streak; technical analysis suggests deeper drop amid correction signs.
Italy’s Consumer Price Index in February 2025 grew 1.7%, below market expectations of 1.8%, indicating slower inflation.
China’s Politburo plans proactive policies, stabilising markets, managing risks, and addressing external shocks amid economic uncertainty.
Trump confirmed tariffs, strengthening USD; DXY may hit 108. Equities fell, crypto dropped 20%, trade deficit remains.
Japan’s January 2025 housing starts fell 4.6% year-on-year, exceeding expectations and impacting economic sentiment. USD/JPY at 149.75.
Hesse’s CPI rose 2.3% year-on-year in February, down from 2.5% in the previous month.
Japan’s PM Ishiba revised the FY25/26 budget to JPY 115.2 trillion, impacting subsidies, taxes, and funding sources.
