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Silver Stabilizes After Sharp Drop
Silver held above $75 per ounce on Thursday, steadying after a nearly 5% decline in the previous session, as hawkish signals from the US Federal Reserve and surging oil prices...
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Philippine Peso Hits Record Low Above 60
The Philippine peso weakened beyond the closely watched 60-per-dollar threshold, marking a new record low as surging oil prices—driven by escalating tensions in the Middle East—weigh on the country’s economic...
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Aussie Edges Higher on Strong Jobs Data
The Australian dollar inched up to around $0.704 on Thursday, after falling more than 1% in the previous session, as investors digested the latest labor market data. February employment rose...
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UK Cuts Steel Import Quota, Doubles Tariffs
The UK is tightening restrictions on steel imports by sharply reducing its tariff-free quota and increasing duties on shipments that exceed it, in an effort to protect its small...
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South Korean Shares Slide on Oil Shock
South Korea’s benchmark KOSPI index fell more than 2% to around 5,770 on Thursday, snapping a three-day winning streak, as escalating tensions in the Middle East drove oil prices higher...
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Dollar Firms Up on Hawkish Fed Outlook
The dollar index remained above 100 on Thursday, extending the sharp rebound from the previous session, as markets reacted to a more hawkish Federal Reserve outlook. As expected...
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Australia 10-Year Bond Yield Rises
Australia’s 10-year government bond yield climbed to around 4.96%, nearing its highest level since July 2011, as investors assessed the latest labour market data. The unemployment rate unexpectedly rose...
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Hong Kong Holds Base Rate at 4% After Fed Decision
The Hong Kong Monetary Authority left its base rate unchanged at 4.0% on March 19, 2026, moving in step with the U.S. Federal Reserve, which earlier maintained its target range...
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Yen Pressured Ahead of BOJ Decision
The Japanese yen weakened toward ¥160 per dollar on Thursday, hovering near its lowest level since July 2024, when authorities last intervened to support the currency, as investors awaited...
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US Gasoline Resumes Rally
US gasoline futures rose toward $3.20 per gallon, resuming their upward trend after a brief pause in the previous session, as strikes on key energy facilities in the Middle East...