Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
The German 10-year bund prices slumped to over 1-month low Monday, succeeding similar trend in the U.S. Treasuries, which is likely to hit the 3.00 psychological mark, in a scenario of improving risk appetite, following a plethora of geopolitical causes and impacts.
Also, the country’s manufacturing PMI for the month of April came in higher than market expectations, which also weighed on safe-haven assets.
The German 10-year bond yields, which move inversely to its price, jumped 4-1/2 basis points to 0.63 percent, the yield on 30-year note also surged nearly 4-1/2 basis points to 1.29 percent while the yield on short-term 2-year traded 2 basis points higher at -0.53 percent by 10:20GMT.
The IHS Markit Flash Germany Manufacturing PMI meanwhile registered a reading of 58.1 in April. Although little-changed from March’s 58.2 and pointing to another strong monthly improvement in overall manufacturing sector performance, this was the lowest reading since July 2017.
Further, April saw the IHS Markit Flash Germany Composite Output Index tick up to 55.3 from 55.1 in March. The latest reading pointed to a solid overall rate of business activity growth that was above the survey’s long-run average (since January 1998), with rates of expansion in both manufacturing output and services activity picking up slightly since March.
Meanwhile, the German DAX slipped 0.19 percent to 12,517.43 by 10:25GMT, while at 10:00GMT, the FxWirePro's Hourly Euro Strength Index remained neutral at 7.26 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
Lastly, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
