Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
The German bunds traded nearly flat Tuesday in thin trading activity during a relatively quiet session as investors awaited consumer inflation and December unemployment data, scheduled to be released on January 3.
The bunds diverged from the United States Treasuries in the other direction on Friday, with the 10-year German bund yields rose to around the key 0.20 percent mark after having briefly broken down to 0.17 percent on Thursday even as the Treasury note yield dipped further below the 2.50 percent mark.
The 10-year U.S. Treasury note/Bund yield spread then narrowed to around 225 basis points. On Monday, the Bund yield drop back to a 2-month low of 0.16 percent. While we can’t rule out a slide to 0.10 percent, we expect January and all of 2017 to bring higher yields across the board, with Treasuries leading the way.
Also, amidst concerns about Italy’s ongoing bank rescue plan, the 10-year Italian/German bund yield spread has been widening gradually to the 160-165 basis points area (2-week highs), although it has narrowed on January 2, and risks expanding back to 170-175 basis points.
Meanwhile, the yield on the benchmark 10-year bond, which moves inversely to its price, rose 1/2 basis point to 0.19 percent, the long-term 30-year bond yield also climbed 1/2 basis point to 0.93 percent and the yield on short-term 3-year bond slid 1 basis point to -0.78 percent by 07:30 GMT.
In term of recent economic data, Germany’s December Markit/BME final Manufacturing PMI came in at 55.6, a tad higher than 55.5 market expectations. Also, the final Eurozone-wide manufacturing PMI for December was left unrevised, as compared to the preliminary estimate of 54.9, matching expectations. This figure was notably up from 53.7 in November to a 5-year high.
Meanwhile, the German stock index DAX Index traded 0.21 percent higher at 11,620 by 08:00 GMT. While at 08:00 GMT, the FxWirePro's Hourly Euro Strength Index remained slightly bearish at -80.91 (lower than -75 represent a bearish trend).
