Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns 
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Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
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Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Trump to Announce New Federal Reserve Chair Pick as Powell Replacement Looms 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook 
Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets 
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U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster 
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
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The U.S. Treasuries steadied during Wednesday’s afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the country’s 10-year TIPS auction and initial jobless claims, scheduled to be released on January 23 by 18:00GMT and 13:30GMT.
The yield on the benchmark 10-year Treasury yield traded flat at 1.772 percent, the super-long 30-year bond yield hovered around 2.227 percent and the yield on the short-term 2-year too remained flat at 1.528 percent by 11:30GMT.
In the US, today will bring existing home sales figures for December, along with the FHFA house price index for November and the Chicago Fed national activity index for December, Daiwa Capital Markets reported.
Meanwhile, the S&P 500 Futures remained tad 0.37 percent higher at 3,331.88 by 11:35GMT.
