Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
The U.S. Treasuries surged Friday, as investors wait to watch the G-7 summit in Quebec, Canada. President Donald Trump is scheduled to appear at the meeting, alongside other major leaders, including those who currently govern nations that Trump has inflicted tariffs upon.
The yield on the benchmark 10-year Treasuries slumped 3 basis points to 2.90 percent, the super-long 30-year bond yields suffered 2-1/2 basis points to 3.05 percent and the yield on the short-term 2-year traded nearly 4 basis points lower at 2.46 percent by 10:40GMT.
One aspect that's put investors on edge is a fresh tweet by Trump, who accused France and Canada of levying "massive tariffs" and establishing "non-monetary barriers." This came after French President Emmanuel Macron told reporters that while the U.S. incumbent may not mind being isolated, the other leaders could sign a six-country agreement if needs are, CNBC reported.
Further, any developments surrounding talks between the U.S. and North Korea will continue to keep investors on edge, as a summit between the two nations draws closer.
Elsewise, it should be a quiet day for new economic data from the US with just wholesale trade and inventories figures for April due.
Meanwhile, the S&P 500 Futures slipped 0.59 percent to 2,756.00 by 10:50GMT, while at 10:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -43.42 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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