Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
The U.S. Treasuries remained slightly higher during Monday’s afternoon session amid a muted trading day that witnessed data of little economic significance. However, this week’s few auctions and gross domestic product (GDP) for the second quarter of this year, due on August 29 shall provide some direction to the debt market.
The yield on the benchmark 10-year Treasury yield remained tad down at 1.522 percent, the super-long 30-year bond yield lost a little over 1 basis point to 2.012 percent and the yield on the short-term 2-year suffered 2 basis points to 1.510 percent by 12:30GMT.
Risk-off sentiment prevailed in early trade, with European equity markets opening lower and Asian bourses losing ground in today’s session, following the latest tit-for-tat trade war escalation between the world’s two largest economies, Eurobank Economic Analysis & Financial Markets Research reported.
Meanwhile, the S&P 500 Futures traded tad 0.49 percent lower at 2,869.38 by 12:35GMT.
