Austria Trade Balance increased to €-66.7M in January from previous €-1301M

Spain Industrial Output Cal Adjusted (YoY) below forecasts (1.5%) in February: Actual (-1.1%)

UOB strategists Quek Ser Leang and Lee Sue Ann report that AUD/USD’s sharp advance has stalled below 0.7100, with price action now seen as part of a consolidation band between 0.7000 and 0.7080.

Cardano (ADA) is under renewed selling pressure, extending Wednesday’s 4% loss below $0.2500 at press time on Thursday. Intense long liquidations in the ADA futures over the last 24 hours suggest waning bullish interest among traders.

The (EUR) is trading practically flat, right above 1.1660 against the US Dollar at Thursday’s European session opening. The pair pùlled back from Wednesday’s highs, at 1.1721, as Tehran closed the Strait of Hormuz following massive Israeli attacks on Lebanon.

Commerzbank’s Antje Praefcke argues that the Iran ceasefire is fragile and warns against expecting Oil prices to quickly return to pre-war levels. She notes that US inflation data, including CPI and the PCE index, are likely to reflect higher energy costs over time.

Danske Research Team highlights a sharp global equities rally after the Iran ceasefire headlines, with benchmarks now just about 2% below record highs. Cyclicals and semiconductors led gains, while energy and minimum volatility lagged.

Germany’s industrial sector activity fell sharply in February, the latest data published by Destatis showed on Thursday.

Germany Industrial Production n.s.a. w.d.a. (YoY) up to 0% in February from previous -1.2%

South Africa Net $Gold & Forex Reserve fell from previous $75.835B to $73.187B in March

South Africa Gross $Gold & Forex Reserve fell from previous $81.06B to $77.76B in March

Germany Trade Balance s.a. came in at €19.8B, above expectations (€18.5B) in February

Germany Imports (MoM) came in at 4.7%, above expectations (4%) in February

Germany Exports (MoM) above forecasts (1%) in February: Actual (3.6%)

Germany Industrial Production s.a. (MoM) below expectations (0.9%) in February: Actual (-0.3%)

Iranian ambassador Reza Amiri Moghadam confirms, through a tweet on X during early European trading hours on Thursday, that a team is scheduled to visit Pakistan at night for the first round of talks on the 10-point proposal plan with the United States (US).

Solana (SOL) extends the correction, trading below $82 at the time of writing on Thursday after being rejected from key resistance the previous day.

Silver price (XAG/USD) trades calmly near $74.00 during the late Asian trading session on Thursday. The white metal struggles for direction amid uncertainty surrounding the first round of talks on a permanent ceasefire between the United States (US) and Iran in Pakistan on Saturday.

West Texas Intermediate (WTI) oil price advances after two days of losses, trading around $91.90 per barrel during the Asian hours on Thursday.

Most Asian equities trade in negative territory on Thursday as traders remain cautious about whether a fragile two-week ceasefire between the United States and ‌Iran would hold.

The USD/JPY pair fails just ahead of the 159.00 mark during the Asian session on Thursday, stalling the previous day's modest recovery from sub-158.00 levels or a nearly three-week low.

The Indian Rupee (INR) trades lower against the US Dollar (USD) in the opening trade on Thursday. The USD/INR pair rebounds to near 92.65 from the three-week low of 92.20 posted on Wednesday, following the announcement of a ceasefire between the United States (US) and Iran.

Enjin Coin (ENJ) price extends its gains, trading above $0.035 on Thursday after a sharp 40% rally on the previous day. The bullish price action is supported by on-chain and derivatives data, with a constructive technical outlook suggesting further gains for ENJ in the coming days.

Japan Consumer Confidence Index came in at 33.3 below forecasts (38) in March

Ondo (ONDO) is facing downside pressure at press time on Thursday, threatening the $0.2400 support level. The derivatives market is leaning bearish on ONDO, with futures Open Interest dropping amid intense long liquidations.

Bank of Japan (BoJ) Governor Kazuo Ueda said that real interest rates are clearly negative and keeping the country's financial conditions accommodative, Reuters reported on Thursday.

Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.