Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
The German bunds eased gains Monday after the eurozone’s retail sales for the month of November beat market expectations, also reversing losses incurred during the month of October. Also, investors are awaiting the country’s industrial production, trade balance and unemployment rate data for November, due to be released on January 9 by 07:00GMT and 10:00GMT respectively.
The German 10-year bond yields, which move inversely to its price, fell nearly 1-1/2 basis points to 0.42 percent, the yield on 30-year note slid nearly 1 basis point to 1.26 percent and the yield on short-term 2-year traded nearly flat at -0.62 percent by 10:10GMT.
In November 2017 compared with October 2017, the seasonally adjusted volume of retail trade increased by 1.5 percent in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October, the retail trade volume fell by 1.1 percent in the euro area and by 0.6 percent in the EU28. In November 2017 compared with November 2016, the calendar adjusted retail sales index increased by 2.8 percent in the euro area and by 2.7 percent in the EU28.
The 1.5 percent m/m increase in the volume of retail trade in the euro area in November 2017, compared with October 2017, is due to rises of 2.3 percent for non-food products, of 1.2 percent for “Food, drinks and tobacco” and of 0.3 percent for automotive fuel. In the EU28, the 1.5 percent increase in the volume of retail trade is due to rises of 2.1 percent for non-food products, of 1.2 percent for “Food, drinks and tobacco” and of 0.3 percent for automotive fuel.
Meanwhile, the German DAX rose 0.36 percent to 13,369.50 by 10:15 GMT, while at 10:00GMT, the FxWirePro's Hourly Euro Strength Index remained slightly bearish at -97.43 (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
