Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
The U.S. Treasuries gained Monday as investors look forward to a host of speeches from the Federal Open Market Committee (FOMC) members, scheduled for later today and through the week. Also, 10-year note auction, due to be held on may 10 will provide further direction to the debt market.
The yield on the benchmark 10-year Treasury slumped 1-1/2 basis points to 2.33 percent, the super-long 30-year bond yields plunged 2 basis points to 2.97 percent and the yield on short-term 2-year note traded 1/2 basis point lower at 1.31 percent by 12:10GMT.
Lastly, the country’s initial jobless claims and the consumer price inflation for the month of April, lined up for later in the week will play a significant role in deciding the movement in the country’s money market.
Meanwhile, the S&P 500 Futures traded 0.11 percent lower at 2,395.00 by 12:10GMT, while at 12:00GMT, the FxWirePro's Hourly Dollar Strength Index remained slightly bullish at 76.63 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
