Gold and silver rebounded as dollar weakened; easing geopolitical tensions boosted prices, while gold ETF inflows continued.
Japan CPI seen steady at 1.8%; subsidies temper inflation as PMI eases; Treasuries rise on tensions.
Eurozone Composite PMI slid to 48.6 in April as services contracted; manufacturing expanded; EUR/USD steady.
Eurozone HCOB Manufacturing PMI rose to 52.2 in April, beating 50.8 forecast, signaling expansion.
Eurozone HCOB Composite PMI fell to 48.6 in April, missing forecasts, signaling business activity contraction overall.
Eurozone HCOB Services PMI slipped to 47.4 in April, missing 49.8 forecast, signaling services contraction.
Gold weakened below $4,700 as dollar rose; US-Iran tensions, inflation fears, and Fed stance pressured.
AUD/USD slipped near 0.7150 as Middle East tensions dampened sentiment despite stronger Australian preliminary PMIs.
UOB forecasts AUD/USD 0.7130–0.7180 next day; 0.7060–0.7210 weeks; downtrend targets 0.6765 if broken.
Germany’s HCOB Services PMI fell to 46.9 in April, missing forecasts, signaling contraction in services activity.
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