China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
The German government bunds jumped Monday after investors moved towards safe-haven assets, following the German election results, which overcast a shadow of doubt as Chancellor Angela Merkel failed to secure an outright majority to form a government.
Also, the country’s Ifo Business Climate Index for the month of September disappointed markets, coming in at 115.2, vs expectations of 116, from 115.9 in August. Now, investors are looking forward to the ECB President Mario Draghi’s speech, scheduled to be held today by 13:00GMT.
The German 10-year bond yields, which moves inversely to its price, slumped nearly 5 basis points to 0.40 percent, the yield on the 30-year note plunged 4-1/2 basis points to 1.18 percent and the yield on short-term 2-year traded 1-1/2 basis points lower at -0.70 percent by 11:35GMT.
The Ifo German research institute said its Business Climate Index dipped to a seasonally adjusted 115.2 this month from a reading of 115.7 in August, missing forecasts for 116.0. The Current Assessment Index decreased to 123.6 in September from 124.7 a month earlier and below expectations for 124.8.
The Business Expectations Index, which measures attitudes toward business prospects over the next six months, inched down to 107.4 this month from 107.8, falling short of forecasts for a reading of 107.9.
Meanwhile, the German DAX traded 0.22 percent higher at 12,620.00 by 11:40 GMT, while at 11:00GMT, the FxWirePro's Hourly Euro Strength Index remained slightly bearish at -85.16 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
