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Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
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Australia’s Labour Market Weakens as November Employment Drops Sharply 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Asian currencies edged lower on Wednesday as the U.S. dollar strengthened following better-than-expected consumer sentiment data. The U.S. Dollar Index rose 0.3% during Asian trading, supported by a positive economic outlook, while Dollar Index Futures mirrored the gain.
The Japanese yen weakened further, with USD/JPY up 0.2% after a near 1% rise on Tuesday. Market attention turned to Japan’s 40-year bond auction, as yields on 20-, 30-, and 40-year government bonds recently surged to record highs. A Reuters report indicated that Japan’s Ministry of Finance may reduce super-long bond issuance due to waning demand from institutional investors like life insurers.
China’s yuan also slipped slightly, with both USD/CNY and USD/CNH pairs up 0.1%. The Australian dollar remained mostly flat after erasing early losses. April’s consumer price index came in higher than expected, challenging market assumptions of further interest rate cuts by the Reserve Bank of Australia.
Meanwhile, the Reserve Bank of New Zealand cut rates by 25 basis points, aligning with expectations amid weak domestic growth and global trade pressures. The NZD/USD pair responded positively, rising 0.4%.
In other currency moves, the South Korean won remained stable against the dollar, while the Singapore dollar appreciated 0.1%. The Indian rupee weakened, with USD/INR advancing 0.3%.
Investors are closely monitoring macroeconomic data and central bank actions across the Asia-Pacific region as global monetary dynamics shift. The upcoming bond auction in Japan and inflation trends in Australia are key focus areas influencing regional currency performance and rate outlooks.
