India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Australian government bonds rallied on the last trading day of the week Friday, rising more than 6 percent so far this week on growing angst among investors over trade war which would hurt the global economy. Now, markets await the Reserve Bank of Australia’s March meeting minutes.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, fell 2-1/2 basis points to 2.702 percent, the yield on the long-term 30-year note dipped 3 basis points to 3.277 percent and the yield on short-term 2-year down 2-1/2 basis points to 1.977 percent by 02:20 GMT.
In the United States, Treasuries were little changed across much of the curve on Thursday, despite downward pressure registered in the short-end. On the data front, markets received a mixed bag, highlighted by solid gains in Empire manufacturing and contrasted by a modest pullback from the Philadelphia Fed manufacturing release.
Meanwhile, markets also saw a modest pullback in initial jobless claims and a further increase in import prices. Markets now look ahead to a milder flow of data to finish off the week on Friday, highlighted by housing starts/building permits, industrial production/capacity utilization and University of Michigan consumer sentiment releases, though none is likely to have a lasting impact on the economic outlook (or outlook for interest rates).
Meanwhile, the S&P/ASX 200 index traded 0.10 percent higher at 5,928.5 by 02:30 GMT, while at 03:00GMT, the FxWirePro's Hourly AUD Strength Index remained neutral at -67.18 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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