GBP/CDF Price & Performance (GBPCDF)

Investor focus turned to the U.S. Producer Price Index (PPI) following optimism surrounding lower-than-expected Consumer Price Index data. Analysts anticipate pressure in key PPI components due to increased costs and declining orders, which could challenge inflationary optimism. Meanwhile, European industrial production figures are expected to bolster recovery narratives.1

Oil markets saw a second consecutive week of gains as new U.S. sanctions on Iran and OPEC+ output cuts tightened supply expectations. Brent crude rose 0.3% while WTI climbed 0.4%. Geopolitical tensions and compliance doubts within OPEC+ remain key factors influencing price movements.2

Asian markets faced declines as concerns over global economic conditions intensified. Chinese stocks experienced a sharp two-day drop, while tech stocks in Hong Kong fell 3%. In contrast, Japanese markets showed modest gains. U.S. tariffs set for April and central bank uncertainties further cloud investor sentiment.3