Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
The German bunds remained narrowly mixed during European session Monday after the Eurozone’s consumer price inflation (CPI) for the month of November disappointed market investors, while the rise in trade balance offset the market pessimism.
The German 10-year bond yields, which move inversely to its price, hovered around 0.252 percent, the yield on 30-year note fell remained tad higher at 0.888 percent and the yield on short-term 2-year slipped 1/2 basis point to -0.611 percent by 10:15GMT.
The euro area annual inflation rate was 1.9 percent in November 2018, down from 2.2 percent in October. A year earlier, the rate was 1.5 percent. European Union annual inflation was 2.0 percent in November 2018, down from 2.2 percent in October. A year earlier, the rate was 1.8 percent, according to figures published by Eurostat, the statistical office of the European Union.
Further, the first estimate for euro area (EA19) exports of goods to the rest of the world in October 2018 was EUR209.7 billion, an increase of 11.4 percent compared with October 2017 (EUR188.3 billion).
Imports from the rest of the world stood at EUR195.8 billion, a rise of 14.8 percent compared with October 2017 (EUR170.5 billion). As a result, the euro area recorded a EUR14.0 billion surplus in trade in goods with the rest of the world in October 2018, compared with EUR17.8 billion in October 2017.
Meanwhile, the German DAX rose 0.11 percent to 10,876.61 by 10:20GMT, while at 10:00GMT, the FxWirePro's Hourly Euro Strength Index remained neutral at -21.28 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
