Insights 
Gold prices in Malaysia remained stable, with minor increases across various units, influenced by international rates and economic factors.
The PBOC sets the yuan midpoint, injects 96.5 billion yuan, and the NPC holds closed sessions today.
Silver drops to $32.40 as weak Chinese data and trade tensions raise demand concerns and market uncertainty.
Japanese 10-year bond yield hits 1.535%, highest since 2009, strengthening yen as US bond yields decline.
WTI crude oil declines on trade concerns, OPEC+ output plans, US sanctions warnings, and Fed rate cut expectations.
USD/CAD trades at 1.4360 amid China’s tariffs, US Dollar weakness, economic concerns, and Canadian political uncertainties.
Christian Hawkesby addresses policy statement, acting as Governor, discussing cash rate cut amid consecutive reductions.
NZD/USD weakens near 0.5710 amid China’s deflation, US rate cut expectations, and risk sentiment shifts.
The PBOC sets the USD/CNY reference rate daily, influencing yuan trading and intervening to manage volatility.
Yen strengthens as Japan’s wages rise; weaker US Dollar fuels rate cut speculation, impacting USD/JPY trends.
