Trump established a Crypto Strategic Reserve, boosting XRP, SOL, ADA, Bitcoin, and Ethereum prices amid market movements.
Claudia Buch will keynote Finanzplatztag 2025, discussing financial regulation, competitiveness, cryptocurrencies, and Frankfurt’s financial role.
Core inflation in Indonesia rose to 2.48% YoY in February, exceeding expectations and indicating rising inflationary pressures.
Silver declines to $31.13, struggling below $33.00 amid selling pressure, support at $30.89, geopolitical and economic influences persist.
Caixin China Manufacturing PMI rose to 50.8 in February 2025, driven by increased output, new orders, and exports.
USD/JPY trades at 150.59, needing 150.93 to break downtrend. Resistance at 151.00; support at 148.57.
PBOC sets yuan midpoint, allowing +/- 2% fluctuation. Recent injection: 97 billion yuan; net drain: 195.5 billion.
Gold prices fell over 1% due to a stronger US Dollar and trade policy concerns amid economic uncertainty.
Australia’s business inventories rose 0.1% in Q4 2024, while operating profit surged 5.9%, exceeding expectations.
AUD/USD fell 0.54%, nearing 0.6200, impacted by tariffs, weak Australian data, and US PCE figures.
