Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
The U.S. Treasuries jumped during Wednesday’s afternoon session amid a muted trading session that witnessed data of little economic significance. Also, a speech by Federal Reserve President Evans, due later in the day shall add further direction into the bond market.
The yield on the benchmark 10-year Treasury yield slumped 2 basis points to 1.870 percent, the super-long 30-year bond yield also suffered nearly 2 basis points to 2.299 percent and the yield on the short-term 2-year lost 1 basis point to 1.623 percent by 14:00GMT.
On a quiet day for US economic releases, today will just see Fed Governor Brainard speak at an ECB conference in honour of departing Executive Board member Cœuré, Daiwa Capital Markets reported.
Fixed income markets remained supported in early trade today and the GBP extended recent losses on fears over the risk of a no-deal Brexit. Focus today is on Germany’s IFO business climate index for December, Eurobank Economic Analysis & Financial Markets Research reported.
Meanwhile, the S&P 500 Futures remained flat at 3,196.62 by 14:05GMT.
