U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
The U.S. Treasuries jumped Tuesday following a rise in demand for safe-haven assets as geopolitical tensions continue to weigh on investors’ risk sentiments. Also, it seems market participants have concluded that, in the current environment, the United States Federal Reserve is less likely to raise interest rates aggressively, a view strengthened by President Donald Trump’s comments last week that he likes the Federal Reserve’s low-interest-rate policy and that he thinks the US dollar is overvalued.
The yield on the benchmark 10-year Treasury slumped 2-1/2 basis points to 2.22 percent, the super-long 30-year bond yields plunged nearly 2 basis points to 2.89 percent and the yield on short-term 2-year note fell nearly 1-1/2 basis points to 1.18 percent by 11:50GMT.
Ongoing geopolitical tensions and the uncertainty surrounding the upcoming French election, continue to cast a shadow over global markets. But, despite this, sentiment is holding up remarkably well, particularly given ongoing doubts over President Trump’s ability to deliver economic stimulus.
Further, hopes are riding high that this week’s slew of US Q1 earnings results will deliver good news. Some softening in the U.S. administration’s bellicose rhetoric regarding North Korea has also been met with guarded optimism.
Meanwhile, the S&P 500 Futures traded 0.19 percent lower at 2,340.50 by 11:50GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -69.49 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
