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The Canadian dollar slipped Monday after a modest weekly gain. Strong Canadian job data and weak US numbers boosted the loonie.
FTSE China A50 Index was flat Friday, aiming for a fourth straight weekly gain. It hit a high since mid-September this week, after underperforming last year.
The Swedish Krona fell for the third straight day after Riksbank cut its key interest rate. More cuts may follow if price pressures stay mild.
The rapid post-epidemic recovery spurred a brief commodities bull market. High inflation expected for years will benefit the commodity market.
Sterling declined Wednesday as the BOE is likely to keep rates steady and signal confidence in inflation trends at Thursday's meeting.
The Australian dollar was nearing its peak on Tuesday. Inflation slowed to 3.6% in April but is unlikely to fall to the 2-3% target until 2025.
Global stocks cheered softer-than-expected US jobs data. Britain's FTSE 100 hit a record high on Friday and marked its second straight week of gains.
Nonfarm payrolls rose by 303,000 in March, surpassing expectations of 200,000 and February's revised 270,000 gain, per the BLS.
Gold prices stayed near $2,300 on Friday as Fed Chair Powell said a rate hike is unlikely. This dampened demand for the safe-haven asset.
Oil prices rose Thursday as the US may buy for SPR. Prices had fallen on hopes for an Israel-Gaza ceasefire and high oil inventories.
Asian stocks rose with Wall Street on Tuesday, while the FTSE 100 extended its rally for a fifth session on Monday, lifted by positive corporate news.
USD/JPY hit its weakest level since April 1990, hovering around 160. Markets watch for possible intervention by Japanese authorities.
FTSE China A50 index has stagnated since March, despite government stimulus ; Indian stocks have outperformed China but may be nearing a turning point.
Oil prices rose Friday due to the US Treasury secretary's comments on the economy's strength and potential supply disruption in the Middle East.
The Core PCE price index rose 2.8% in February year-over-year, matching expectations. Goods prices increased more than services, driving inflation.