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The Jibun Bank Manufacturing PMI for Japan fell to 48.3, missing forecasts of 49.2
Japan’s manufacturing PMI falls, AUD/USD climbs, USD/JPY retreats, gold under pressure, and cryptocurrencies consolidate ahead of key data.
US stocks and several currencies rose, yet market-changing news seems largely overlooked by analysts
US equities and major currencies rose after the White House narrowed Trump’s tariffs, though media coverage remained sparse.
Japan’s March manufacturing PMI fell to 48.3, signalling a rapid decline in business activity
Japan’s March 2025 PMIs fell, indicating declining private sector activity, inflationary pressures, weaker demand, and reduced business confidence.
In early Asian trading, U.S. equity futures increased amid expectations for more measured tariffs from Trump’s era
U.S. equity futures rise amid selective tariff plans; “dirty 15” nations face higher duties, impacting global markets.
The PBOC is anticipated to set USD/CNY reference rate at 7.2496, according to Reuters estimation
