UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
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
