U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
The Australian bonds rallied Thursday amid lingering inflation concerns even after the Federal Reserve raised its benchmark interest rate by 25 basis points to 1.00-1.25 percent, suggesting that weak readings are unlikely to persist in the near-term.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, slumped 4-1/2 basis points to 2.37 percent, the yield on 15-year note plunged nearly 6 basis points to 2.73 percent while the yield on short-term 5-year traded flat at 1.66 percent by 04:00 GMT.
Asian stocks slumped as oil touched the lowest level since November. Energy and raw-material shares had the biggest declines on the MSCI Asia Pacific Index as oil traded below USD45 a barrel.
Further, Australia’s debt market followed a rally in Treasuries as data showed U.S. consumer prices excluding volatile food and fuel had the smallest year-over-year gain since May 2015. U.S. equity futures fell after a report that investigators are probing whether President Donald Trump attempted to obstruct justice. The Aussie dollar jumped after an encouraging jobs report.
A surprise slowdown in U.S. inflation so far this year is tightening monetary conditions a lot faster than Federal Reserve officials wanted. Inflation data released Wednesday by the U.S. Labor Department showed the so-called 'core' inflation rate, that excludes volatile food and energy components, softened to 1.7 percent in May, down from 2.3 percent in January.
Meanwhile, the ASX 200 index traded 0.73 percent lower at 5,714.50 by 04:20GMT, while at 04:00GMT, the FxWirePro's Hourly AUD Strength Index remained highly bullish at 106.45 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
