China leads AI-related goods exports, spanning the value chain, but relies on high-end chips amid risks.
Oil shock from Middle East war may lift core inflation near 3%; Fed rates stay steady, growth slows.
Singapore may face near-term inflation from commodity shocks; MAS may strengthen SGD, using reserves, targeted support.
Dollar Index hovered near 98.10 as safe-haven demand eased; Aussie dollar rose, oil recovered, gold slipped.
USD/JPY held near 159.10 as Middle East-driven oil swings pressured the Yen, despite broad US Dollar weakness.
MUFG sees KRW outperforming if tensions ease; prolonged conflict, higher oil threaten; NPS loosens FX hedging cap.
March trade: China exports weakened, imports surged on higher commodities, pushing trade surplus to 13-month low.
GBP/USD paused near 1.3570 as US-Iran optimism faded; risk demand cooled, while stocks rose, dollar steadied.
Turkish lira steadies as US-Iran tensions ease; longs rebound, reserves fall, USD/TRY seen reaching 46.6 mid‑2026.
AUD/USD hovers near 0.7167 ahead of Australia jobs report, supported by softer Dollar and steady yields.
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