Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
As Republican candidate Donald Trump won the US Presidential election, the narrowing of the duration premium, which measured by the yield difference between 10-year and 2-year treasury, reversed course.
Whenever the gap dropped below zero, a recession followed. After declining to 0.78 percent in September, the spread widened to 1.21 percent.
