Trading news

The Australian Dollar strengthened against the US Dollar (USD) on Monday following the release of Australia’s TD-MI Inflation Gauge, which rose to 3.5% year-over-year (YoY) in December, up from 3.2% previously.

Silver price (XAG/USD) trades in positive territory near $92.65 during the Asian trading hours on Monday. The white metal is set to hit a fresh record high as US President Donald Trump’s tariff threats boost the safe-haven flows.

The NZD/USD pair attracts fresh buyers at the start of a new week and jumps to a four-day high, around the 0.5770 area, during the Asian session amid a broadly weaker US Dollar (USD).

China Gross Domestic Product (YoY) came in at 4.5%, above expectations (4.4%) in 4Q

China Gross Domestic Product (QoQ) above expectations (1%) in 4Q: Actual (1.2%)

China Industrial Production (YoY) above expectations (5%) in December: Actual (5.2%)

China Retail Sales (YoY) came in at 0.9% below forecasts (1.2%) in December

China Fixed Asset Investment (YTD) (YoY) came in at -3.8% below forecasts (-3%) in December

China House Price Index fell from previous -2.4% to -2.7% in December

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0051 compared to Friday's fix of 7.0078 and 6.9689 Reuters estimate.

EUR/USD gains ground after four days of losses, trading around 1.1630 during the Asian hours on Monday. The upside in the risk-sensitive pair may remain capped amid rising safe-haven demand, driven by escalating uncertainty surrounding the US–Greenland issue.

The GBP/USD pair gains traction to around 1.3400 during the early Asian session on Monday. The US Dollar (USD) weakens against the Pound Sterling (GBP) amid US President Donald Trump's latest tariff threats against Europe over ‌Greenland.

West Texas Intermediate (WTI) US Crude Oil prices rebound from the $58.70 area, or a one-week low touched during the Asian session, and fill a major part of the bearish gap opening on Monday. The commodity currently trades around the $59.20 region, down only 0.15% for the day, amid mixed cues.

Australia TD-MI Inflation Gauge (YoY): 3.5% (December) vs 3.2%

United Kingdom Rightmove House Price Index (YoY): 0.5% (January) vs -0.6%

United Kingdom Rightmove House Price Index (MoM) up to 2.8% in January from previous -1.8%

Gold price (XAU/USD) rises to a fresh record high near $4,675 during the early Asian session on Monday. The precious metal gains momentum after US President Donald Trump said he would slap tariffs on eight European nations that have opposed his plan to take Greenland.

Australia TD-MI Inflation Gauge (MoM) up to 1% in December from previous 0.3%

US President Donald Trump said that he would slap tariffs on eight European countries that have opposed his plan to take Greenland, Bloomberg reported on Saturday. 

Japan Machinery Orders (MoM) registered at -11%, below expectations (-5.1%) in November