Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
The Australian 10-year government bond yields dived to over 5-month low Wednesday on rising global tensions and geopolitical uncertainties amid losses in riskier assets.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, plunged 4-1/2 basis points to 2.45 percent, the yield on 15-year note also slumped 4-1/2 basis points to 2.85 percent and the yield on short-term 2-year traded nearly 4 basis points lower at 1.60 percent by 04:50 GMT.
Asian risk markets traded defensively this morning after broadening geopolitical concerns and disappointing US quarterly results weighed on investor sentiment overnight. Wall Street gave up some of Monday's gains as the S&P 500 posted its fourth decline in five sessions with a daily slippage of 0.29 percent. The Dow Jones and Nasdaq Composite fell 0.55 percent and 0.12 percent, respectively.
Treasuries benefited from geopolitical uncertainty as sabre rattling over the Korean peninsula and France's first round presidential vote this Sunday underpinned safe-haven demand, Nasdaq reported.
Meanwhile, the ASX 200 index traded 0.12 percent down at 5,782.50 by 04:30GMT, while at 04:00GMT, the FxWirePro's Hourly AUD Strength Index remained slightly bearish at -80.77 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
