Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
The U.S. dollar hovered near an 11-week low on Wednesday, weighed down by falling short-term Treasury yields following weak economic data. Meanwhile, the yen strengthened as investors sought safety amid escalating trade tensions, while the Canadian dollar neared a two-week low.
The U.S. dollar index dipped 0.1% to 106.17, approaching Monday’s low of 106.13, the weakest level since December 10. The greenback’s decline follows disappointing U.S. economic indicators, including a steep drop in consumer confidence. The Conference Board reported a decline to 98.3, missing economists’ forecasts of 102.5, marking the largest fall since August 2021.
Market expectations for Federal Reserve rate cuts have intensified, with traders now pricing in two quarter-point cuts this year, potentially starting in July. The two-year U.S. Treasury yield slid to 4.086%, nearing its lowest level since November 1. Treasury Secretary Scott Bessent noted that economic fragility is more pronounced than surface metrics suggest, citing inflation and government-driven job growth.
The yen gained, with the dollar slipping 0.1% to 148.865 yen, approaching Tuesday’s low of 148.56, its weakest since October. The euro inched up 0.1% to $1.0520, while sterling held steady at $1.2669, close to a two-month peak. The Australian dollar eased to $0.6339 after inflation data signaled no major shift.
Bitcoin dipped 0.5% to $88,246 after a 5.6% drop on Tuesday, driven by market jitters over U.S. tariffs and fallout from a $1.5 billion Bybit hack. Uncertainty surrounding trade policy continues to weigh on risk assets while boosting demand for safe-haven currencies.
