Gold Plunges 4% as Treasury Yields Surge and Fed Rate Hike Bets Rise 
South Korea Exports Set for 16th Monthly Gain on AI Chip Demand 
Asian Stocks Fall as Oil Surge, Bond Yields and AI Concerns Hit Markets 
Oil Prices Rise as Iran Holds Firm on Strait of Hormuz Deal 
China Cuts Tariffs on U.S. Farm Goods but Excludes Soybeans 
Asian Chip Stocks Tumble as OpenAI Safety Pause Sparks AI Growth Concerns 
Europe’s AI Data Centre Boom Strengthens Case for Nuclear Power 
Nvidia China Chip Sales Report Sends Chinese Semiconductor Stocks Lower 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
China Industrial Profit Growth Slows as Weak Demand Offsets AI Gains 
Asian Stocks Fall as Bond Yields and Oil Prices Surge 
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The German bunds remained narrowly mixed Friday as investors traded sideways in muted session ahead of European Central Bank’s (ECB) policymaker Coeure’s speech, scheduled to be held today by 10:00GMT.
The German 10-year bond yields, which move inversely to its price, slipped nearly 1 basis point to 0.60 percent, the yield on 30-year note slumped 2 basis points to 1.28 percent and the yield on short-term 2-year traded flat at -0.56 percent by 07:30GMT.
On the divergence in ECB members’ views, ECB President Mario Draghi also clarified that “we’re not talking about deep, existential differences”, but “there may be differences when to say certain things”. On the exit strategy, he replied that “the discussion hasn’t really started” and “the only discussion that took place was about the need to have a discussion”
Meanwhile, the German DAX traded -0.87 percent lower at 13,298.36 by 07:35 GMT, while at 07:00GMT, the FxWirePro's Hourly Euro Strength Index remained neutral at 47.32 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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