Silver climbs to $76.78, up 5.42% day-over-day; year-to-date gains 8%; gold/silver ratio dips.
RBA hiked 25 bps to 4.35%, likely pausing; Australian dollar’s high carry may support performance.
Rabobank says markets overprice BoE hikes; expects one move as UK growth weakens, labour loosens.
Eurozone March producer prices rose 3.4% month-on-month, slightly above the 3.3% forecast, indicating faster inflation.
Markets swung on Middle East news, yen intervention; dollar fell, oil slid, gold surged, jobs awaited.
Gold climbs above $4,680 as dollar and oil fall; Iran deal hopes calm markets, limiting gains.
Riksbank likely holds 1.75% rate, keeps hike option amid Iran-driven energy shock and weakening confidence.
Italy’s March retail sales beat forecasts, rising 0.8% monthly versus an expected 0.4% decline.
Italy’s non-seasonally adjusted retail sales rose 3.7% year-on-year in March, accelerating from 1.6% previously.
Eurozone HCOB Services PMI rose to 47.6 in April, beating forecasts but still signalling contraction.
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