DXY slips as hot PPI stokes stagflation fears

DXY fell about 0.2% on Friday, grinding back into 97.60 after a hotter-than-expected Producer Price Index (PPI) report amplified concerns that inflation is proving stickier than the Federal Reserve (Fed) would like, weighing on growth expectations and dragging the Greenback lower.

India: Weak growth impulse and fiscal risks – Societe Generale

Societe Generale’s Kunal Kundu reviews India’s FY27 Union Budget, highlighting policy continuity and fiscal consolidation in a context of geopolitical strains and currency weakness.

GBP/USD slips as US PPI lifts US Dollar, Middle East risks rise

The Pound Sterling (GBP) drops some 0.10% on Friday as the Greenback is underpinned by a hot inflation report in the US, which prompted investors to price in a less dovish Federal Reserve (Fed).

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.

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%.