Equities rose on strong earnings despite Middle East tensions, while bond yields climbed, reviving equities-bonds negative correlation.
Gold prices in Pakistan slipped Monday: per gram and tola rates fell, following global cues and currency conversion.
Indonesia’s trade surplus widened to $3.32bn in March, up from $1.28bn, a $2.04bn increase.
Indonesia’s import growth slowed sharply to 1.51% in March, easing from 10.85% previously.
Gold prices in India dipped Monday: INR 14,145.31/gram and INR 164,990/tola, FXStreet data showed.
AUD/USD consolidates above 0.7200; RBA hike bets aid Aussie, while US-Iran tensions support dollar, capping gains.
Malaysia gold prices slipped Monday: MYR 586.00/gram, MYR 6,834.95/tola, reflecting FXStreet conversion-based reference rates.
Indonesia’s exports dropped 3.1% in March, reversing a 1.01% rise previously, with no cause explained.
Indonesia’s core inflation slowed to 2.44% year-on-year in April, down from 2.52% previously.
Gold holds above $4,600 as hawkish Fed, Middle East risks, stronger dollar weigh; traders await payrolls data.
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