Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Trump Questions USMCA Renewal as Trade Talks Continue 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
The U.S. dollar edged lower on Wednesday as traders awaited key employment data and updates on trade negotiations led by President Donald Trump. The Trump administration set a Wednesday deadline for countries to submit trade offers, coinciding with the start of a 50% tariff on imported steel and aluminum.
Markets are also watching for a possible phone call between Trump and Chinese President Xi Jinping, amid tensions over allegations that both nations breached last month’s tariff rollback agreement.
Despite ongoing trade tensions, macroeconomic indicators have begun influencing dollar movements again. After a manufacturing contraction pushed the dollar down 0.8% on Monday, a surprise surge in U.S. job openings helped it recover nearly the same amount on Tuesday. The JOLTS report, which is closely monitored by the Federal Reserve, showed significantly higher-than-expected figures, boosting sentiment.
By early Wednesday, the dollar dipped 0.09% to 143.82 yen, while the euro gained 0.13% to $1.1385. The dollar index, which tracks the greenback against six major currencies, remained flat at 99.159. Traders are now eyeing the ADP employment report due later in the day, ahead of Friday’s critical non-farm payrolls data.
Joseph Capurso, analyst at Commonwealth Bank of Australia, noted that “job openings were much stronger than expected,” adding that with low expectations for the ADP data, even a small upside surprise could lift the dollar and bond yields.
Elsewhere, the Australian dollar held steady at $0.6460 ahead of GDP data, while South Korea’s won rose 0.2% to 1,375.25 per dollar following the presidential election win of liberal candidate Lee Jae-myung.
