U.S. Dollar Slips as Iran War and Central Bank Decisions Weigh on Markets 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Asian Currencies Hold Steady Amid Iran Conflict and Fed Uncertainty 
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Asian Currencies Hold Steady as Oil Prices Surge Amid Middle East Tensions 
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 
Asian Currencies Hold Steady Amid Iran Conflict and Central Bank Decisions 
Global Markets on Edge as Gulf Tensions Push Oil Prices Higher 
Gold Prices Hold Steady Amid U.S.-Israel-Iran Conflict and Fed Rate Decision 
Japan's Major Companies Lead Strong Wage Growth for Fourth Consecutive Year 
Asia Stocks Rise Amid Central Bank Week and Middle East Tensions 
Oil Prices Waver Amid U.S.-Israel Conflict with Iran and Strait of Hormuz Tensions 
Dollar Steadies as Oil Pullback Lifts Risk Sentiment Before Central Bank Decisions 
U.S.-Iran War Pushes Brent Crude Back Above $100 as Strait of Hormuz Tensions Persist 
Oil Prices Dip as U.S. Crude Inventories Surge Amid Middle East Tensions 
Gold Prices Hold Above $5,000 as Central Bank Meetings and Iran War Stay in Focus 
Gold prices declined in Asian trading on Wednesday, pressured by improving US-China trade relations and weaker-than-expected US inflation data. Spot gold dropped 0.7% to $3,228.95 per ounce, while June gold futures fell 0.5% to $3,232.24 per ounce.
The decline follows the release of US Consumer Price Index (CPI) data on Tuesday, which came in below expectations, reducing fears of runaway inflation. Lower inflation readings typically dampen the appeal of gold, a traditional hedge against rising prices.
Market sentiment was further boosted after the US and China agreed on Monday to temporarily reduce tariffs to 30% and 10%, respectively, for a 90-day period. The easing of trade tensions lessened global recession concerns and shifted investor interest toward risk assets. US President Donald Trump also indicated he may personally engage with Chinese President Xi Jinping to finalize a trade deal, adding to optimism.
Despite the positive trade developments, some investors remained cautious, wary of a possible inflation rebound once tariffs are reinstated. This uncertainty over future Federal Reserve rate decisions weighed on bullion, which tends to perform better in low-interest environments due to lower opportunity costs.
The US Dollar Index remained largely flat during Asian trading hours, offering little support for gold prices.
Other precious metals also saw mixed movement. Silver futures declined 0.6% to $32.915 per ounce, while platinum futures gained 0.5% to $995.45 per ounce.
Copper prices inched higher, supported by hopes that trade de-escalation would boost demand from China, the world’s largest copper consumer. Benchmark copper futures on the London Metal Exchange rose 0.2% to $9,623.65 per ton, while July copper futures added 0.1% to $4.7125 per pound, with traders awaiting key US Producer Price Index (PPI) data for further inflation cues.
