South Korea Producer Prices Rise 0.2% in August 
BOJ Set for Rate Hike as Inflation and Yen Pressure Mount 
UK Inflation Rises to 3.1% Ahead of BoE Rate Decision 
Iran Economic Crisis Forces Afghan Families to Return Home 
Gold Prices Rise as Oil and Treasury Yields Fall 
Oil Prices Fall as Saudi Supply Concerns Ease 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
Add as a preferred source on Google
The U.S. Treasuries climbed Wednesday after President Donald Trump threw US diplomacy into fresh turmoil on Tuesday by firing his secretary of state, Rex Tillerson – said to have discovered his fate via Twitter – and promoting two officials condemned by human rights groups for endorsing or overseeing torture.
Also, investors are looking forward to watch the 30-year bond auction, due later today for detailed direction in the debt market.
The yield on the benchmark 10-year Treasuries fell 1 basis point to 2.83 percent, the super-long 30-year bond yields also slipped nearly 1 basis point to 3.08 percent and the yield on the short-term 2-year hovered around 2.25 percent by 11:00GMT.
In the US, the data focus today will be on February’s producer price and retail sales data. Most notably, a rebound in retail sales seems likely after poor weather weighed in January although a drop in sales of new motor vehicles is likely to constrain the headline number.
Meanwhile, the S&P 500 Futures rose 0.23 percent to 2,779.50 by 11:05GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained highly bearish at -118.99 (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
