Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
The U.S. Treasuries surged during Friday’s evening session ahead of the country’s personal consumption expenditure and personal spending index for the month of January, scheduled to be released today by 13:30GMT.
Also, FOMC member Bullard is due to deliver a speech, later today, which shall add further direction to the debt market.
The yield on the benchmark 10-year Treasury yield plunged 9 basis points to 1.209 percent, the super-long 30-year bond yield slumped nearly 6 basis points to trade at 1.726 percent and the yield on the short-term 2-year lost nearly 12 basis points to 0.986 percent by 13:35GMT.
In the US, today will bring advance goods trade and wholesale inventories figures for January, as well as personal income and spending data, including the closely-watched deflators, for the same month. The updated University of Michigan consumer sentiment survey for February is also due. Elsewhere, the Fed’s Bullard will discuss the US economy and monetary policy, Daiwa Capital Markets reported.
Meanwhile, the S&P 500 Futures traded tad -0.50 percent down at 2,943.38 by 12:45GMT.
