Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
The U.S. Treasuries traded narrowly mixed during late afternoon session Monday amid a muted trading session that witnessed data of little economic significance. Investors will be, however, keeping a close eye on the country’s JOLTs job openings data for the month of October, scheduled to be released today by 15:00GMT.
The yield on the benchmark 10-year Treasuries rose nearly 1 basis point to 2.857 percent, the super-long 30-year bond yields remained flat at 3.142 percent and the yield on the short-term 1-year remained tad lower at 2.678 percent by 11:20GMT.
Turning to the US, this week’s diary begins quietly today with just the JOLTS jobs report for October. Tomorrow, the headline PPI inflation figures for November will be weighed down by the slump in energy prices, as will Wednesday’s headline CPI for November. The expected 0.2 percent m/m increase in the core CPI would likely nudge the respective annual inflation rate back up 0.1ppt to 2.2 percent y/y, however, Daiwa Capital Markets reported.
Finally, on Friday the retail sales and IP reports for November will cast further light on how activity is tracking during Q4, with October business inventory data and the little-followed flash December PMIs also released that day.
With the December 18-19 FOMC meeting looming there are no Fed speaking engagements over the coming week. In the markets, the US Treasury will issue 3-year notes tomorrow, 10-year notes on Wednesday and 30-year bonds on Thursday.
Meanwhile, the S&P 500 Futures slumped 2.33 percent to 2,633.08 by 11:30GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at 6.13 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
