Japan Tankan Non - Manufacturing Outlook came in at 29, above forecasts (28) in 1Q

Japan Tankan Non - Manufacturing Index above expectations (33) in 1Q: Actual (36)

Japan Tankan Large All Industry Capex fell from previous 12.6% to 3.3% in 1Q

Japan Tankan Large Manufacturing Outlook came in at 14, above forecasts (13) in 1Q

Japan Tankan Large Manufacturing Index registered at 17 above expectations (16) in 1Q

Australia S&P Global Manufacturing PMI below expectations (50.1) in March: Actual (49.8)

BNY’s Head of Markets Macro Strategy Bob Savage notes that the Bank of Korea (BoK) may consider policy easing as Middle East geopolitical shocks threaten domestic growth.

Ripple has announced a collaboration with Convera to deliver stablecoin-enabled cross-border payments and treasury solutions for businesses, according to a statement on Tuesday.

GBP/USD edged 0.32% higher on Tuesday in choppy trading, closing around 1.3230 after swinging between a session low near 1.3160 and a high close to 1.3260. The gain snapped a five-day losing streak, though the bounce lacked conviction and left price well below its key moving averages overhead.

USD/JPY fell 0.62% on Tuesday, its second consecutive decline, closing around 158.70 after an early push toward 160.00 was firmly rejected.

Silver prices rebounded, surging sharply more than 7% as Oil prices took a hit, which pushed the Greenback lower due to its close positive correlation. Also, falling US Treasury yields are driving the white metal higher, up to $75.00 by March's end.

AUD/USD rallied 0.69% on Tuesday, snapping a five-day losing streak to close around 0.6900 after bouncing sharply from a session low near 0.6830.

OCBC strategists Sim Moh Siong and Christopher Wong note USD/TWD has risen nearly 2.5% this month but remains more contained than other Asian FX such as KRW, THB and MYR.

NZD/USD surged and is now trading near the 0.5750 price region, starting the Asian session with a bullish bias on Wednesday.

United States API Weekly Crude Oil Stock registered at 10.263M above expectations (-1.3M) in March 27

MUFG’s Senior Currency Analyst Michael Wan highlights that higher Oil prices and potential energy shortages are increasingly weighing on Asian FX.

UOB reports that the central bank of Malaysia, Bank Negara Malaysia (BNM) expects 2026 headline inflation to average 1.5%-2.5%, with core inflation at 1.8%-2.3%.

The USD/CHF retreats after refreshing a year-to-date (YTD) high at 0.8041, but retreats below the 0.8000 figure amid growing speculation of a de-escalation of the Middle East conflict. At the time of writing, the pair trades at 0.7997, up 0.01%.

The US Dollar Index (DXY) fell to near the 100.00 region on Tuesday, holding a weak tone as the US Dollar (USD) lost its safe-haven demand amid growing hopes of a de-escalation of the war in the Middle East.

Standard Chartered’s Senior Economist Tommy Wu revises Taiwan’s 2026 macro outlook as higher Oil and LNG prices from Middle East tensions lift import costs. The bank now sees CPI inflation at 2.1% instead of 1.5%, and trims GDP growth to 7.6% from 8.0%.

Commerzbank’s Dr. Henry Hao notes that China’s March PMIs show manufacturing back in expansion, supported by restocking, government spending and resilient exports, while non-manufacturing also edges above 50.

Gold (XAU/USD) price recovers some ground on Tuesday, rallying nearly 3% as the Iranian President Masoud Pezeshkian hinted that the regime is ready to end the war.

According to Societe Generale’s Dev Ashish, higher Oil prices improve Colombia’s outlook, with growth expected to move back toward potential in 2026–27. Inflation expectations are stabilizing, though Oil passthrough could generate temporary upside.

National Bank of Canada (NBC) economists Matthieu Arseneau and Alexandra Ducharme say Canada’s real GDP started 2026 on a firmer footing, with January growth beating expectations and preliminary data pointing to a solid Q1 gain.

Jeffrey Schmid, President of the Federal Reserve (Fed) Bank of Kansas City, said that inflation is the more salient risk for the Fed. Adding that there is a real risk inflation will get stuck closer to 3% in remarks prepared for delivery to the Rotary Club of Oklahoma City on Tuesday.

AUD/USD trades on the front foot on Tuesday as the US Dollar (USD) softens on growing expectations that the Middle East conflict could end soon, lifting risk-sensitive currencies such as the Australian Dollar (AUD).

ING economists Peter Virovacz and Zoltán Homolya note that Hungary’s January wage data are heavily distorted by a one-off bonus to military and law enforcement staff, leaving underlying wage growth much lower than the headline figure.