Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Philippine GDP Growth Slows to 2.3% in Q2 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
The U.S. Treasuries jumped during Wednesday’s afternoon session amid a muted trading session that witnessed data of little economic significance. Also, a speech by Federal Reserve President Evans, due later in the day shall add further direction into the bond market.
The yield on the benchmark 10-year Treasury yield slumped 2 basis points to 1.870 percent, the super-long 30-year bond yield also suffered nearly 2 basis points to 2.299 percent and the yield on the short-term 2-year lost 1 basis point to 1.623 percent by 14:00GMT.
On a quiet day for US economic releases, today will just see Fed Governor Brainard speak at an ECB conference in honour of departing Executive Board member Cœuré, Daiwa Capital Markets reported.
Fixed income markets remained supported in early trade today and the GBP extended recent losses on fears over the risk of a no-deal Brexit. Focus today is on Germany’s IFO business climate index for December, Eurobank Economic Analysis & Financial Markets Research reported.
Meanwhile, the S&P 500 Futures remained flat at 3,196.62 by 14:05GMT.
