Australia’s private sector credit rose 0.5% in February 2025, driven by business and housing credit growth.
The PBOC sets the yuan’s midpoint daily, guiding currency fluctuations within a managed 2% trading band.
Japan’s February industrial output rose 2.5%, surpassing expectations, as tariff concerns influenced market behavior.
Australia’s March 2025 inflation rose 0.7% monthly, reaching 2.8% annually—highest since December 2023.
Business confidence dips slightly while activity rises; cost and inflation expectations reach highest levels in over a year.
Japan’s industrial output rose 2.5% in February, exceeding expectations and rebounding from January’s decline.
Japan’s retail sales rose 1.4% year-on-year in February, missing forecasts; Nikkei drops over 3%.
Trump delays oil sanctions, eyes Iran nuclear talks; TikTok deal near, praises UK’s Prime Minister Starmer.
Trump considers broad tariffs up to 20%, targeting trade deficit nations and key mineral-based products.
UK business confidence held steady in March, buoyed by retailers, despite manufacturing worries and economic uncertainties.
