Deutsche Bank Senior Economist Eric Heymann notes that the downturn in Germany's manufacturing sector has ended, with a projected increase in production of 2 to 3% in 2026. This marks the first rise in industrial production since 2021.
AUD/USD rebounds on Friday and trades around 0.6995 at the time of writing, up 0.73% on the day.
TD Securities anticipates a landslide victory for the LDP in Japan's upcoming Lower House election, which is expected to restore a stable political environment. The report warns that investors should be cautious of potential FX intervention if USD/JPY breaks above 160.