Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
The yuan weakened on Wednesday as escalating U.S.-China trade tensions rattled Chinese markets post-Lunar New Year. The dollar surged over 0.5% against the yuan to 7.2856, despite the People's Bank of China (PBOC) setting a stronger-than-expected midpoint rate. Investors watched the fixing closely for signs of Beijing's stance on currency devaluation in response to U.S. tariffs.
China swiftly retaliated against new U.S. tariffs imposed by President Donald Trump, with Trump stating he has no urgency to engage in talks with Chinese President Xi Jinping. Analysts predict China may allow further yuan depreciation to counteract the economic impact of tariffs, signaling prolonged trade friction.
Meanwhile, the offshore yuan hovered at 7.2892 per dollar after plunging to a record low of 7.3765 earlier in the week. The Australian dollar, often a proxy for the yuan, edged lower to $0.6247, while the New Zealand dollar traded at $0.5653.
The yen was a key mover, rising over 0.5% to 153.47 per dollar, its highest in over a month. Japan’s inflation-adjusted real wages grew 0.6% in December, fueling speculation of further Bank of Japan (BOJ) rate hikes. Traders have priced in over 30 basis points of tightening by year-end.
Elsewhere, the Canadian dollar rebounded from its 22-year low, standing at C$1.4331, while the Mexican peso steadied at 20.4840 per dollar. The euro climbed back above $1.02, last trading at $1.0374, and sterling gained to $1.2484. The dollar index slipped 0.07% to 107.97.
Despite trade war tensions, market sentiment remained resilient, with optimism stemming from delayed U.S. tariffs on some countries following negotiations.
