South Africa Gross Domestic Product (QoQ) increased to 0.6% in 4Q from previous -0.3%

Mar 4, 2025

USD/JPY can trade in a range between 148.50 and 150.50 – UOB Group

Outlook is unclear; US Dollar (USD) could trade in a range between 148.50 and 150.50 vs Japanese Yen (JPY). In the longer run, bias for USD is slightly tilted to the downside; unclear for now whether it can break and stay below 148.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

China: CPI inflation likely negative in February – Standard Chartered

Official manufacturing PMI rebounded in February; 2-month average suggests steady production activity. Trade performance likely weakened last month due to both the holiday and tariff impact. CPI may have dropped y/y on a fall in prices of food, fuel and services, as well as a high base effect.