FX Updates: New Zealand Dollar Rises by 0.79% âšī¸
The New Zealand Dollar has appreciated by 0.79%, outperforming other major currencies, with gains also seen in the South Korean Won and Australian Dollar.
Minor currency movements have limited direct impact on broad market indices and portfolio performance, with minimal implications for global investment strategy
Philippines Budget Deficit Expands in February âšī¸
The Philippine government's budget deficit increased to PHP 171.4 billion in February 2025, with government revenues growing by 12.4% and expenditures rising by 8.9%, primarily driven by infrastructure and social protection programs.
Limited direct impact on global markets, minor relevance to broad portfolio exposure
Energy Commodities Updates: Crude Oil WTI Drops by 0.66% âšī¸
Crude Oil WTI and Brent Crude Oil experienced a slight decline of around 0.66% and 0.65% respectively, while Natural Gas saw a modest gain of 0.62%.
Minor price fluctuations in energy markets with balanced movements across different commodities, suggesting limited immediate market disruption
Romanian Producer Inflation at Near 2-Year High âšī¸
Romania's producer prices rose 4.03% year-on-year in February 2025, marking the first increase in six months and the fastest growth since May 2023, with significant price increases in utilities and manufacturing sectors.
Limited direct impact on global markets, minor inflation signal for Eastern European economic indicators
FX Updates: New Zealand Dollar Rises by 0.43% âšī¸
The New Zealand Dollar has appreciated by 0.43% against other major currencies, with several Pacific Rim currencies showing gains while the Japanese Yen, British Pound, and Euro experienced slight declines.
Minor currency movements with limited direct impact on broader market indices and holdings, primarily affecting forex traders and international investment strategies
Australia Rejects Tariffs, Eyes Asian Trade âšī¸
Australian Prime Minister Anthony Albanese affirmed Australia's stance on maintaining national interests amid potential U.S. trade tariffs, emphasizing trade resilience and diversification strategies.
Limited direct market impact due to minimal trade exposure between Australia and U.S., with potential geopolitical tension signals
Kiwi Dollar Gains for 2nd Session âšī¸
The New Zealand dollar rose to $0.572, supported by positive Chinese economic indicators, while the country anticipates potential Reserve Bank rate cuts and navigates potential US trade tariffs.
Limited direct impact on portfolio holdings, minor currency and trade sentiment implications for emerging markets and global market exposure
Fiji Inflation Rate Accelerates to 1.5% in March âšī¸
Fiji's annual inflation rate increased to 1.5% in March 2025, with upward pressures from miscellaneous goods and services and alcoholic beverages, while some sectors like housing and transport experienced price declines.
Limited global economic significance, minimal direct impact on broad market indices or major portfolio holdings
Philippines Producer Inflation Hits 21-Month High âšī¸
Philippine producer prices rose 0.8% year-on-year in February 2025, the highest since May 2023, with notable increases in manufacturing sectors like petroleum products and machinery, while some sectors experienced deflation.
Limited direct impact on global portfolio due to regional specificity and moderate price changes
Asia FX Updates: New Zealand Dollar Appreciates by 0.44% âšī¸
The New Zealand Dollar has appreciated by 0.44% against other currencies, with several Asian currencies showing modest gains while the Japanese Yen experienced a slight decline.
Minor currency movements with limited direct implications for broader market indices and portfolio performance
Australia Building Permits Fall in February âšī¸
Australian dwelling approvals slightly decreased by 0.3% in February 2025, with varied regional performance across different states and territories, showing resilience in the housing construction sector.
Limited global market implications, minor fluctuation in housing sector with mixed regional trends
RBA to Raise OMO Repo Prices by 5bps from April 9 âšī¸
The Reserve Bank of Australia will adjust its open market operation (OMO) repo pricing and introduce a new seven-day term, while maintaining its current monetary policy stance during a transition to ample reserves.
Technical monetary policy adjustment with minimal market disruption, primarily affecting banking liquidity mechanics
Australia Private House Permits Rise 1% in February âšī¸
Australian private house approvals increased by 1% in February 2025, showing continued growth with varied performance across different states, with New South Wales experiencing the strongest increase.
Modest housing market data with limited direct implications for broader market portfolios, showing stable but not dramatic construction activity
Indonesia Manufacturing Growth Slows âšī¸
Indonesia's manufacturing sector continued to expand in March 2025, with factory activity growing for the fourth consecutive month, though at a slightly slower pace, with strong output, new orders, and renewed foreign demand.
Moderate manufacturing data with mixed signals; minimal direct impact on broad market indices and portfolio holdings
FX Updates: Brazilian Real Increases by 0.40% âšī¸
The Brazilian Real appreciated by 0.40% against other currencies, with the Dollar Index also showing a slight increase of 0.01%.
Minor currency movement with limited direct impact on broader market indices and portfolio performance
New Zealand Building Permits Rise in February âšī¸
New Zealand's building consents for new dwellings slightly increased by 0.7% month-on-month in February 2025, but annual consents declined by 7.4%, with non-residential building work value dropping 11%.
Modest construction sector data with minor fluctuations, limited direct impact on broad market indices and global investment portfolios
Uruguay Current Account Deficit Shrink in Q4 âšī¸
Uruguay reported a narrowing current account deficit of USD 383 million in Q4 2024, improving from USD 540 million in the same period last year, driven by an expansion in goods and services surplus.
Limited direct impact on global markets, minor macroeconomic signal from a smaller emerging market economy
Jamaica GDP Contracts for 2nd Quarter âšī¸
Jamaica's economy contracted 0.8% in Q4 2024, experiencing its first back-to-back quarterly decline since the pandemic, with significant drops in agriculture, mining, and hospitality sectors.
Limited global market relevance, minor economic indicator with minimal direct impact on broad market indices
Colombia Factory Sector Shrinks for 2nd Month âšī¸
Colombia's manufacturing sector experienced a slight improvement in March 2025, with the PMI rising to 49.4, though still indicating contraction, with decreased new orders and output but softening decline rates.
Limited direct impact on global portfolio due to localized manufacturing data, with minor economic signals from emerging markets
FX Updates: Swedish Krona Increases by 0.56% âšī¸
The Swedish Krona has increased by 0.56% in currency markets, with several other currencies showing modest gains while the Dollar Index and Euro experienced slight declines.
Minor currency fluctuations with limited direct impact on broad market indices and portfolio holdings
Chile's Economic Activity Posts Surprise Drop âšī¸
Chile's economic activity index (Imacec) contracted by 0.1% year-on-year in February 2025, missing market expectations, due to fewer working days and a power outage, with mining experiencing a significant decline while other sectors showed modest growth.
Limited global market implications, minor economic fluctuation in a single emerging market with mixed sectoral performance
Nigeria Private Sector Activity Growth at Over 1-Year High âšī¸
Nigeria's private sector showed continued growth in March 2025, with the PMI rising to 54.3, indicating expansion across output, orders, employment, and purchasing activity, despite reduced business confidence.
Limited direct relevance to portfolio holdings, with minor potential implications for emerging markets exposure
Bosnia and Herzegovina Industrial Output Declines Sharply đ
Bosnia and Herzegovina experienced a 6% year-on-year decline in industrial production in February 2025, with significant contractions across consumer durables, capital goods, and intermediate goods sectors.
Limited direct impact on global markets due to the small economic scale of Bosnia and Herzegovina, but signals potential regional economic challenges
South Africa Factory Activity Shrinks for 5th Month: Absa âšī¸
South Africa's Purchasing Managers' Index (PMI) improved to 48.7 in March 2025, showing a less severe economic contraction with export sales contributing to demand recovery.
Limited global market implications, minor signal of potential economic stabilization in emerging markets
Croatia Inflation Rate Falls to 4-Month Low âšī¸
Croatia's annual inflation rate decreased to 3.2% in March 2025, with price increases in food, beverages, tobacco, energy, and services, while non-food industrial goods without energy saw a slight decline.
Moderate inflation data with mixed price movements, minimal direct impact on broader market indices and portfolio performance
FX Updates: Swedish Krona Increases by 0.44% âšī¸
The Swedish Krona has increased by 0.44% in currency markets, with several other currencies showing modest gains while the Dollar Index slightly declined.
Minor currency fluctuations with limited direct impact on broad market indices and portfolio holdings
Austria Jobless Rate Rises to 7.4% âšī¸
Austria's unemployment rate increased to 7.4% in March 2025, with total unemployed persons rising to 316.3 thousand, representing a year-on-year increase of 24.8 thousand.
Modest economic indicator with limited direct implications for broad market portfolios, showing minor labor market softening
Agricultural Commodities Updates: Orange Juice Rises by 3.19% âšī¸
Orange juice prices increased by 3.19% while other agricultural commodities showed mixed performance, with some commodities gaining and others losing value.
Minor commodity price fluctuation with limited direct portfolio implications, primarily affecting neutral commodity exposure
Kazakhstan Inflation Rate at 16-Month High âšī¸
Kazakhstan's annual inflation rate increased to 10% in March 2025, with notable price rises across food products, non-food items, and services, indicating ongoing economic inflationary pressures.
Limited direct impact on global portfolio due to Kazakhstan's relatively small economic footprint, but signals potential emerging market inflationary trends
Switzerland Retail Sales Ease to 3-Month Low âšī¸
Swiss retail sales grew 1.6% year-on-year in February 2025, showing a slowdown in consumer spending with weaker growth in food, beverages, and non-food product sales.
Limited direct impact on global markets, minor slowdown in Swiss retail sector with minimal broader economic implications