BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
The U.S. Treasury yields remained flat during Monday’s afternoon session, ahead of the Federal Open Market Committee’s (FOMC) Chairman Jerome Powell’s speech at the Atlanta Fed Financial Markets Conference, scheduled to be held today at 23:00GMT, besides, a host of speeches by members Clarida and Williams as well.
The yield on the benchmark 10-year Treasury yield hovered around 2.389 percent, the super-long 30-year bond yields traded flat at 2.821 percent and the yield on the short-term 2-year also traded steady at 2.204 percent by 12:45GMT.
In the US, the coming week will be lighter than of late for economic data. Today brings just the Chicago Fed National Activity indices for April, while tomorrow will bring April existing home sales data, Daiwa Capital Markets reported.
The minutes from the May FOMC policy meeting are due on Wednesday. Along with the usual weekly claims figures, Thursday will bring new home sales data for April, and the preliminary Markit PMIs and Kansas City Fed manufacturing indices for May. And the preliminary durable goods orders figures for April are due on Friday.
Lastly, in the bond market, the Treasury will sell 10-year TIPS on Thursday, the report added.
Meanwhile, the S&P 500 Futures traded nearly 1 percent lower at 2,838.12 by 12:50GMT, while at 12:00GMT, the FxWirePro's Hourly Dollar Strength Index remained slightly bullish at 84.33 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
