Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Canada Grants C$7 Million to Greenland Molybdenum Mine to Strengthen Critical Minerals Supply 
US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
The U.S. dollar bounced back on Tuesday after hitting a two-month low, driven by safe-haven flows following President Donald Trump’s reaffirmation that tariffs on Mexico and Canada would proceed as planned.
Trump stated on Monday that tariffs on key imports, including autos and energy, remain on schedule despite efforts from Canada and Mexico to strengthen border security and curb fentanyl smuggling ahead of the March 4 deadline. This dampened market sentiment, boosting demand for safe-haven assets like gold, Treasuries, and the U.S. dollar.
The euro retreated from a one-month high to $1.0461, with future movement hinging on Germany’s coalition government formation post-election. Sterling slipped 0.06% to $1.2618, while the Australian and New Zealand dollars fell to $0.6339 and $0.5725, respectively. The dollar index held steady at 106.75 after recovering from Monday’s 106.12 low.
Despite a 3% drop in the dollar since January, fueled by weak U.S. economic data, losses remain limited due to tariff concerns. "The U.S. is losing its economic exceptionalism, but risk-off sentiment still supports the dollar," noted Ray Attrill, head of FX strategy at National Australia Bank.
The greenback also rose 0.35% against the yen to 150.22, rebounding from its weakest level since early December. The decline in U.S. Treasury yields, particularly in real terms, has pressured the dollar, while speculation of a Bank of Japan rate hike has strengthened the yen.
With tariff uncertainties clouding risk sentiment, defensive support for the dollar is expected to persist.
