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ING analysts see Taiwan’s external demand remaining a key growth driver, led by technology exports. They expect export orders to stay very strong, even as the year-on-year rate moderates. Robust higher-tech product prices are supporting headline export values and overall growth, although they also raise import costs, tempering some of the positive impact on Taiwan’s trade balance.Export orders remain exceptionally strong”Taiwan releases its export orders data.””We expect orders to moderate to 54.3% YoY, which remains a very strong reading.””Export orders opened the year quite strongly, suggesting that Taiwan’s external demand-driven growth is set to continue.””Higher-tech product prices have been a…

DBS economists Taimur Baig and Radhika Rao anticipate Singapore’s April 2026 non-oil domestic exports to rise 11.5% year-on-year, marking an eighth consecutive month of expansion after 15.3% in March. The performance is expected to be driven by strong electronics benefiting from global artificial intelligence demand, while non-electronics lag and petrochemicals face downside risks from Middle East-related feedstock disruptions.Electronics strength offsets petrochemical risks”Singapore’s goods export performance likely remained robust in April 2026, in line with regional trends.””We expect non-oil domestic exports (NODX) to grow by 11.5% yoy in April, extending the expansion for the eighth consecutive month, compared with 15.3% yoy…

ING’s Min Joo Kang expects Japan’s economy to maintain similar growth to the previous quarter, with first-quarter Gross Domestic Product (GDP) seen rising 0.3% quarter-on-quarter. The war-related energy shock is judged to have limited impact on trade and growth but a more visible effect on inflation. ING forecasts April inflation at 1.8% year-on-year, helped by subsidies that cap broader price pressures.Growth steady while prices edge higher”Japan’s upcoming data releases will reveal the economic impact of energy disruptions.””Energy effects may have a limited impact on growth but a greater impact on inflation.””We believe the economy continued to grow at a similar…

The US Dollar Index (DXY) climbs above the 99.30 region, reaching fresh multi-week highs on Friday as stronger-than-expected United States (US) economic data reinforced expectations that the Federal Reserve (Fed) may keep interest rates elevated for longer. April Retail Sales rose 0.5%, highlighting resilient consumer spending despite elevated borrowing costs, while hotter Consumer Price Index (CPI) and Producer Price Index (PPI) reports continued fueling inflation concerns. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar. USDEURGBPJPYCADAUDNZDCHFUSD0.42%0.66%0.27%0.27%1.05%1.26%0.40%EUR-0.42%0.24%-0.13%-0.16%0.62%0.87%-0.00%GBP-0.66%-0.24%-0.36%-0.39%0.41%0.62%-0.24%JPY-0.27%0.13%0.36%-0.01%0.75%0.98%0.12%CAD-0.27%0.16%0.39%0.01%0.75%0.96%0.14%AUD-1.05%-0.62%-0.41%-0.75%-0.75%0.24%-0.63%NZD-1.26%-0.87%-0.62%-0.98%-0.96%-0.24%-0.85%CHF-0.40%0.00%0.24%-0.12%-0.14%0.63%0.85% The heat map…

OCBC’s strategist Christopher Wong says Asian FX remains constrained by a firm Dollar and higher US yields, despite some optimism around US–China talks. The Renminbi (RMB) is the main outperformer on lower USD/CNY fixes and policy-tolerated appreciation, but broader Asia FX stays soft. The bank characterizes the backdrop as measured, selective optimism rather than a broad regional rally.Selective RMB resilience versus softer Asia FX”The FX read-through was less clear-cut.””Better US retail sales data reinforced the resilience of the US consumer and saw markets price in around a 23% probability of a 25bp Fed hike by Dec-2026, lending support to the…

Silver (XAG/USD) price collapses by 7.90% on Friday as US Treasury yields skyrocket amid investor fears of a second round of inflation, fueling speculation that major central banks could raise interest rates in the near term. The XAG/USD pair trades at $76.88 after reaching a high of $83.87.XAG/USD Price Forecast: Technical outlookIn the last two trading days, the white metal tumbled nearly 12% after peaking shy of $90.00, as sellers stepped in aggressively, pushing Silver spot prices below $77.00.From a momentum standpoint, the Relative Strength Index (RSI) shifted bearishly a day ago, suggesting sellers are gaining traction. Therefore, the path…

UOB’s Global Economics & Markets Research, led by Julia Goh and Loke Siew Ting, notes Malaysia’s 1Q26 Gross Domestic Product (GDP) grew 5.4% year-on-year, slightly above estimates but slower than 4Q25. Domestic demand and services remained key drivers, while external headwinds and the Middle East conflict are intensifying downside risks. UOB keeps its 2026 GDP growth forecast at 4.5% and expects Bank Negara Malaysia (BNM) to hold the Overnight Policy Rate at 2.75%.Growth slows as risks intensify”Although headline growth was robust in 1Q26, downside risks have intensified as the Middle East conflict enters its 11th week and the Strait of…

DBS Group Research economist Samuel Tse assesses how recent US-China talks are shaping the outlook for Chinese growth and Chinese Yuan (CNY) rates. He highlights a more constructive bilateral tone, prospects for improved US market access, and potential easing of trade frictions. Stronger exports and sector-specific agreements are seen supporting China’s economy and putting mild upward pressure on long-end CGB yields.Talks bolster Chinese growth expectations”The US and China concluded the first day of talks with separate readouts. While the market is still awaiting a concrete trade agreement, the constructive tone from both sides suggests a gradual easing of trade tensions.…

Gold price retreats by over 2.30% on Friday amid fears that prolonged hostilities between the US and Iran could trigger a second wave of inflation, forcing central banks to hike interest rates. The XAU/USD trades at $4,551 after bottoming at around $4,511.XAU/USD slides as yields surge and Fed cuts vanishUS Treasury yields are soaring, with the 10-year T-note coupon hitting yearly highs at 4.591%, up 10 basis points and poised to challenge the 2025 high of 4.627%. The Greenback has followed suit, as shown by the US Dollar Index (DXY), which tracks the performance of the American currency against the…

The US Dollar Index (DXY), which measures the Greenback against a basket of six major currencies, extends its rally on Friday, climbing to its highest level since April 8 as investors continue to favor the US Dollar (USD) amid hawkish Federal Reserve (Fed) expectations and persistent geopolitical uncertainty surrounding US-Iran negotiations.At the time of writing, the DXY trades around 99.20, putting the index on track for its first weekly gain in three weeks. The advance comes as traders reassess the US inflation outlook following another sharp rise in both Consumer Price Index (CPI) and Producer Price Index (PPI) data released…