Indonesia Consumer Confidence down to 122.9 in March from previous 125.2.Indonesia Consumer Confidence down to 122.9 in March from previous 125.2

Canadian Dollar declines as oil prices ease, US Dollar gains.Canadian Dollar declines as oil prices ease, US Dollar gains

China PPI Turns Positive for First Time Since 2022 as CPI Softens.China's producer prices rose from -0.9% yoy to 0.5% yoy in March, marking the first positive reading since September 2022 and ending a prolonged period of factory-gate deflation. The rebound was driven largely by energy-linked sectors, with non-ferrous metal mining surging 36.4% and smelting rising 22.4%, as higher oil prices pushed up input costs.

Australia seeks fuel security in Singapore as Hormuz disruption hits supply.Australia is intensifying efforts to secure fuel supplies as the disruption to global energy flows caused by the Middle East conflict exposes the country's heavy reliance on imported refined products.

Rupee to contend with fading RBI rule-linked flows, costly oil.The Indian rupee on Friday will have to contend with the likely drying up of flows that the central ​bank's directive had drawn in to support it, and ‌with oil prices remaining high.

BoJ's Himino Sees No Stagflation Yet, Warns of Oil-Driven Policy Dilemma.Bank of Japan Deputy Governor Ryozo Himino said Japan is not currently facing stagflation, noting that inflation is moving around the 2% target while the economy continues to grow above potential. His remarks reinforce the view that underlying conditions remain broadly stable despite rising global uncertainties.

Japan wholesale inflation jumps as BOJ flags stagflation risk from oil shock.Japan's wholesale inflation surge highlights rising cost pressures, with the BoJ warning of potential stagflation risks amid the Iran-driven energy shock.

Japan PPI Accelerates to 2.6% in March as Import Costs Surge 7.9%.Japan's producer prices picked up pace in March, with PPI rising from 2.1% yoy to 2.6% yoy, above expectations of 2.3% yoy. On a monthly basis, prices increased 0.8% following a revised 0.1% gain in February, reflecting renewed cost pressures at the wholesale level.

NZ BNZ Manufacturing Falls to 53.2, Slower Expansion as War Concerns Weigh on Sentiment.New Zealand's BusinessNZ Performance of Manufacturing Index eased from 54.8 to 53.2 in March, signaling that manufacturing activity remains in expansion but at a slower pace. The details showed some loss of momentum, with production falling from 56.3 to 53.8 and new orders easing from 57.2 to 55.8, while deliveries slipped to the neutral 50.0 level.

USD/JPY Pressures Resistance, US CPI May Drive Next Surge.The US Dollar found support at 157.85 and started a fresh increase against the Japanese Yen. USD/JPY traded above 158.40 to enter a positive zone.

Cliff Notes: Ceasefire Optimism to be Tested.Ahead of the worst of the current conflict, the ABS' household spending indicator gained 0.3% in February, in line with January's result and the trend pace of the past two years. Services continued to drive growth overall, aided in particular by holiday-related spending.

China inflation turns but signals “bad inflation” as energy costs rise and demand lags.China's March inflation data confirms a key turning point in its price cycle, with factory-gate prices returning to growth for the first time in over three years, even as consumer inflation remains subdued, underscoring the uneven nature of the current inflation impulse.

Pound Sterling slips as renewed risk aversion lifts US Dollar.Pound Sterling slips as renewed risk aversion lifts US Dollar

AUD/JPY flat lines above 112.50, highest since March 18 after Chinese inflation data.AUD/JPY flat lines above 112.50, highest since March 18 after Chinese inflation data

Australian Dollar holds losses following China CPI data.Australian Dollar holds losses following China CPI data

Japan rules out major domestic risks from private credit for now.Japanese Finance Minister Satsuki Katayama said on Friday private credit does not ​pose a major issue domestically at present but noted ‌risks linked to the $2 trillion industry could be discussed at next week's G7 finance meeting.

BoJ's Himino: Don't think Japan's economy is in stagflation..BoJ's Himino: Don't think Japan's economy is in stagflation.

China March 2026 CPI 1.0% y/y (expected 1.2%) PPI 0.5% y/y (expected 0.4%).China inflation. I'll have more to come on this separately, detail, analysis etc.

Dollar set for weekly drop ahead of US-Iran peace talks.The dollar on Friday was heading for its largest weekly drop since January as other currencies gained on optimism that a ceasefire in the Gulf will hold and oil shipping will resume.

South Korea BoK Interest Rate Decision in line with forecasts (2.5%).South Korea BoK Interest Rate Decision in line with forecasts (2.5%)

ADB warns Asia growth to slow sharply if Middle East disruptions persist.Developing Asia and the Pacific faces a meaningful slowdown in growth alongside a renewed inflation surge if disruptions linked to the Middle East conflict persist, according to the Asian Development Bank.

Banks rush to exit overseas forex bets ahead of RBI deadline.Indian banks have largely exited their net open foreign exchange positions ahead of a regulatory deadline, reducing aggregate positions from $40 billion to an estimated $4-7 billion. This move, aimed at complying with central bank curbs, is expected to see the rupee trade in the 93/$ to 94.50/$ range with a depreciating bias.

Japan plans to release 20-days worth of oil stock from early May onwards.Japan plans to release 20-days worth of oil stock from early May onwards

Japan's Katayama signals no urgency on oil risks, backs G7 stance on conflict.Japan's Finance Minister Satsuki Katayama delivered a wide-ranging set of remarks that collectively point to a cautious but steady policy stance, even as global risks tied to the Iran conflict continue to build.

Japan Producer Price Index (MoM) below expectations (0.9%) in March: Actual (0.8%).Japan Producer Price Index (MoM) below expectations (0.9%) in March: Actual (0.8%)

Japan Producer Price Index (YoY) registered at 2.6% above expectations (2.4%) in March.Japan Producer Price Index (YoY) registered at 2.6% above expectations (2.4%) in March

Japan Bank Lending (YoY) came in at 4.8%, above expectations (4.4%) in March.Japan Bank Lending (YoY) came in at 4.8%, above expectations (4.4%) in March

US President Donald Trump: Iran's handling of oil through Strait of Hormuz is not agreement we have.US President Donald Trump: Iran's handling of oil through Strait of Hormuz is not agreement we have

Colombia Consumer Price Index (MoM) registered at 0.78% above expectations (0.69%) in March.Colombia Consumer Price Index (MoM) registered at 0.78% above expectations (0.69%) in March

Colombia Consumer Price Index (YoY) came in at 5.56%, above expectations (5.47%) in March.Colombia Consumer Price Index (YoY) came in at 5.56%, above expectations (5.47%) in March