South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Australian government bonds remained slightly lower Thursday amid a muted trading session that witnessed data of little economic significance. Also, the country’s retail sales for the month of May came in tad up from that in April, which barely created an impact on the debt market.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, remained tad higher at 1.296 percent, the yield on the long-term 30-year bond rose nearly 1 basis point to 1.948 percent and the yield on short-term 2-year traded nearly 1-1/2 basis points higher at 0.948 percent by 04:25GMT.
Global risk appetite was healthy yesterday, but may be dented today after US president Trump accused Europe and China of playing a “big currency manipulation game”.
Wall Street climbed overnight ahead of the US’ Independence Day holiday today, with the S&P500 notching a third straight record close, while UST bonds also rallied with the 10-year bond yield down to 1.95 percent (lowest since November 2016).
Investors took stock of Trump’s two potentially dovish appointments to the Fed and also Lagarde after ECB president Draghi steps down in October
Meanwhile, the S&P/ASX 200 index remained tad 0.23 percent higher at 6,655.50 by 04:25GMT
