United States Baker Hughes US Oil Rig Count dipped from previous 409 to 407

China: Policy mix guides 2026 growth path – UOB

UOB’s Ho Woei Chen expects China’s National People’s Congress to set a 2026 real GDP growth target of 4.5–5.0%, with actual growth forecast at 4.7%.
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AUD/USD holds firm as US Dollar retreats despite firm PPI

The Australian Dollar (AUD) trades flat against the US Dollar (USD) on Friday as the Greenback reverses earlier gains despite stronger-than-expected US Producer Price Index (PPI) data. At the time of writing, AUD/USD is trading around 0.7112 and is on track for an eighth consecutive week of gains.
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