China's Trade Surplus Shrinks Sharply in March Amid AI Import Surge and Export Slowdown 
Food prices are already high in Canada. Will the Iran war make them worse? 
Australia's Job Market Holds Firm in March 2026 with Strong Full-Time Hiring 
Asian Stocks Rally on Tech Gains and U.S.-Iran Diplomacy Hopes 
Iran War Drives Asia's Plastic Crisis — and a Green Packaging Boom 
Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
Australian Business Confidence Crashes Amid Iran War Oil Shock 
Chile's Kast Unveils 40-Point Economic Reform Package to Boost Growth 
Gold Prices Ease From One-Month High Amid Iran Ceasefire Uncertainty 
U.S. Stock Futures Hold Steady as Wall Street Eyes Middle East Diplomacy and Earnings Season 
U.S.-Iran Tensions Rattle Asian Markets as Oil Surges Past $100 
U.S.-Iran War Talks Resume Amid Economic Pressure and Ceasefire Uncertainty 
US Dollar Weakens Near Six-Week Lows Amid Iran Ceasefire Hopes 
China's Economy Shows Resilience Amid Global Headwinds in March 
China's New Home Prices Continue to Fall in March Despite Signs of Recovery in Major Cities 
Asian Currencies Hold Steady Amid U.S.-Iran Ceasefire Hopes and Soft U.S. Inflation Data 
RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks 
Most Asian currencies gained ground on Thursday as the U.S. dollar extended its losing streak for a ninth consecutive session, driven by renewed optimism surrounding potential U.S.-Iran peace talks ahead of next week's ceasefire deadline. The dollar index slipped approximately 0.1%, hovering near its weakest point in six weeks, as improving global risk appetite reduced demand for safe-haven assets.
Across the region, the Japanese yen strengthened 0.2% against the dollar, while the South Korean won advanced 0.3%. The Singapore dollar, Indian rupee, and Taiwan dollar each posted modest gains of around 0.1% to 0.2%, reflecting a broadly positive sentiment across emerging Asian markets.
The Chinese yuan stood out as the exception, trading flat near 6.8 per dollar — its strongest level in three years — despite China reporting better-than-expected first-quarter GDP growth of 5%, surpassing the forecasted 4.8% and accelerating from the previous quarter's 4.5% expansion. While exports fueled much of this growth alongside improving domestic spending, China's heavy reliance on trade could face challenges tied to ongoing war-related shipping disruptions and rising energy costs.
Adding to dollar weakness, U.S. producer inflation came in softer than anticipated, reinforcing market speculation that the Federal Reserve could still implement interest rate cuts before year-end.
Meanwhile, the Australian dollar climbed nearly 0.4%, reaching its highest level since June 2022. Although Australian employment growth in March came in slightly below forecasts and slowed considerably from February, the labor market remained tight enough to keep further Reserve Bank of Australia rate hikes on the table. The RBA, which raised rates by 25 basis points in March, continues to monitor inflationary risks linked to the ongoing Iran conflict.
Overall, easing geopolitical tensions and softer U.S. economic data combined to lift regional currencies while weighing on the greenback.
