The U.S. Treasuries climbed Wednesday ahead of the country’s ADP non-farm employment change for the month of February and FOMC member Dudley’s speech, scheduled for today at 13:15GMT and 13:20GMT respectively.
The yield on the benchmark 10-year Treasuries slumped 2 basis points to 2.85 percent, the super-long 30-year bond yields slid nearly 1/2 basis point to 3.13 percent and the yield on the short-term 2-year fell nearly 1 basis point to 2.23 percent by 11:10GMT.
During regular market hours, it was a fairly ho-hum day on Wall Street on Tuesday, with the market receiving no direction from economic data or significant headlines regarding President Trump’s tariff proposal.
Eventually, the S&P500 closed up 0.3 percent as the previous day’s positive sentiment prevailed. The mood changed sharply after the physical markets closed, however, after Gary Cohn – President Trump’s Chief Economic Advisor and a critic of the President’s tariff proposal – announced his resignation.
Not surprisingly, the market took this as a clear sign that President Trump intends to proceed headlong with implementing tariffs regardless of local and international criticism.
Meanwhile, the S&P 500 Futures slumped 1.04 percent to 2,695.75 by 11:10GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained highly bearish at -117.69 (a reading above +75 indicates a bullish trend, while that below -75 a bearish 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


U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Thailand Inflation Remains Negative for 10th Straight Month in January
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 



