South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Australian Household Spending Dips in December as RBA Tightens Policy 
The U.S. Treasuries more than offset the gains seen over the past 24 hours as investors turned risk-takers after reports claimed that Italy’s 2 biggest political parties – 5-Star and the League have taken a step forward in forming a coalition government and reach an agreement on the selection of economy minister.
The yield on the benchmark 10-year Treasuries remained jumped 11 basis points to 2.87 percent, the super-long 30-year bond yields surged 8-1/2 basis points to 3.05 percent and the yield on the short-term 2-year traded 9 basis points higher at 2.41 percent by 11:40GMT.
In the US, the second estimate of Q1 GDP, due tomorrow, is not expected to deviate from the preliminary growth reading of 2.3 percent q/q annualized. Advance goods trade report for April as well as the ADP employment figures will be of interest to financial markets too, Daiwa Capital Markets reported.
Meanwhile, the S&P 500 Futures rose 0.50 percent to 2,705.50 by 11:45GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -25.53 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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