Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
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
