U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
The Australian bonds traded nearly flat Tuesday as investors await cues from the Federal Reserve’s Jackson Hole Economic Policy Symposium scheduled for this Friday in Wyoming.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, traded tad higher at 2.65 percent, the yield on 15-year note remained steady at 2.95 percent and the yield on short-term 2-year rose nearly 1 basis point to 1.82 percent by 03:10 GMT.
There are some expectations Federal Reserve Chair Janet Yellen could highlight the need to keep a watchful eye on risks to inflation goals and financial stability at the Jackson Hole meeting. However, the outlook is more or less consistent with a report from Reuters last week that detailed two unnamed sources' expectations that Draghi will not deliver a new stance on the state of monetary policy.
Also, the markets were jittery after the start of annual military exercises by South Korean and U.S. forces angered North Korea, which denounced the joint drills as a step toward nuclear war.
In terms of data, Australia’s ANZ Roy Morgan weekly consumer confidence fell to 109.2, down from prior 111.7. The data showed wage growth remaining near 2%, well below the levels of a few years ago and the job market to be in good shape with job growth in the past five months the best for an equivalent period in 12½ years. Also, consumer confidence is also tied to the fortunes of the Aussie dollar and the currency has backed away from US80 cents. Aussie consumers are fretting about slower wage growth, rising energy bills and higher healthcare costs.
Meanwhile, the S&P/ASX 200 index traded 0.49 percent higher at 5,712.5 by 03:10 GMT, while at 03:00GMT, the FxWirePro's Hourly AUD Strength Index remained neutral at -15.47 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
