RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Dairy prices stabilised in Tuesday's GloblDairyTrade auction, rising slightly after two consecutive drops. Whole milk powder prices rose 2.9 per cent to US$2,855 a tonne. Analysts had been expecting a decline based on pricing in the futures market.
Overall, dairy prices increased 1.7 percent to US$3101 per metric tonne following a 9 percent fall over the previous two auctions. Prices were down 6.3 percent overall two weeks ago. The result was also stronger than futures markets had anticipated (NZX futures had priced a 6 percent fall). Skim milk powder, however, continued to slide, down 10.1 percent.
“The rise might be attributed to demand from Latin America seeking alternatives to Argentinean products given the floods," Analysts at TDS note in a report.
Overall demand was sufficient to absorb the 10 percent rise in whole milk powder on offer. However, with supply trends in both New Zealand and Europe improving, the market will continue to be challenged by rising supply in coming months.
