Asian Economies See Strong Export Growth

Several Asian economies are reporting robust growth driven by strong electronics exports, particularly related to the AI sector. South Korea's exports are expected to remain very strong due to AI-related semiconductor demand, while both Thailand and Vietnam are also seeing economic momentum from booming electronics sectors.

Global Uncertainty and Geopolitical Risk Rise

Global economic uncertainty persists, with the outgoing IMF chief economist highlighting risks from shifting trade relationships. Adding to this, S&P affirmed the U.S. sovereign rating but flagged ongoing fiscal pressures, while geopolitical tensions have escalated following U.S. military strikes on Iranian military sites.

US Dollar Shows Mixed Performance

The U.S. Dollar showed varied performance against major Asian currencies as its broader momentum softened. The Dollar's recent run-up against the Chinese Yuan has reportedly stalled, and it also eased against the Singapore Dollar following the release of U.S. inflation data.

Silver Prices Decline for the Week

Silver prices experienced significant volatility, finishing the week with substantial losses despite a gain in the final trading session. The white metal fell below the $60.00 threshold, a key technical level, for the first time since its prior rally began late last year.