South Africa Gross Domestic Product (YoY) increased to 0.9% in 4Q from previous 0.3%

Mar 4, 2025

Cocoa prices decline on fading supply fears – ING

The cocoa market continues to sell off, with London cocoa pulling back aggressively. The nearly 11% drop yesterday has cocoa trading at its lowest level since November, ING's commodity experts Ewa Manthey and Warren Patterson note.

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.