India’s February industrial output rose 5.2%, exceeding the 4.7% forecast and signaling stronger-than-expected activity.
OCBC strategists say gold’s rebound is technical; sustaining gains requires breaking resistance amid rising yields, fewer cuts.
Silver rises to $70.92, up 1.46%, while gold/silver ratio dips; prices influenced by demand, macro.
Belgium’s consumer price index rose 0.12% in March, slowing from 0.54% the previous month.
Belgium’s CPI rose 1.65% year-on-year in March, up from 1.45%, marking a 0.20-point increase.
Eurozone consumer confidence stayed weak in March at -16.3, matching forecasts and signaling subdued household outlook.
Eurozone Economic Sentiment Indicator rose to 96.6 in March, slightly above the 96.5 forecast.
Eurozone services sentiment rose to 4.9 in March, beating forecasts and indicating improved sector confidence.
Pound falls against yen as risk-off and intervention fears rise; GBP/JPY bearish, support 210.80, 209.25.
UK consumer credit rose to £1.935bn in February, exceeding the £1.6bn forecast, signalling stronger household borrowing.
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