The German bunds slid Tuesday after investors have largely shrugged-off the lower-than-expected manufacturing PMI for the month of March, with eyes on eurozone’s consumer price inflation (CPI), scheduled to be released on April 4 by 09:00GMT.
The German 10-year bond yields, which move inversely to its price, jumped nearly 1-1/2 basis points to 0.50 percent, the yield on 30-year note surged also surged nearly 1-1/2 basis points to 1.16 percent and the yield on short-term 2-year too traded 1-1/2 basis points higher at -0.58 percent by 09:05GMT.
The headline IHS Markit/BME Germany Manufacturing PMI – a single-figure snapshot of the performance of the manufacturing economy – registered a reading of 58.2 in March, down from 60.6 in February. Although still signalling a strong overall improvement in business conditions within the goods-producing sector, the latest figure was the lowest since July 2017 and well below that seen at peak of the upturn last December.
Meanwhile, the German DAX slumped 1.44 percent to 11,922.88 by 09:15GMT, while at 09:00GMT, the FxWirePro's Hourly Euro Strength Index remained highly bearish at -133.03 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
Lastly, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 



