Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets 
Indonesian Stocks Plunge as MSCI Downgrade Risk Sparks Investor Exodus 
UK Housing Market Gains Momentum in Early 2026 as Mortgage Rates Fall 
South Korea Industry Minister Heads to Washington Amid U.S. Tariff Hike Concerns 
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster 
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes 
Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions 
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions 
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook 
The U.S. Treasuries slumped during Wednesday’s afternoon session ahead of the country’s 5-year auction, due to be held today by 18:00GMT. Also, speeches by FOMC members, Kaplan and Kashkari, awaiting to be delivered today by 14:35GMT and 18:00GMT respectively, shall add further direction to the debt market.
The yield on the benchmark 10-year Treasury yield jumped 4 basis points to 1.370 percent, the super-long 30-year bond yield surged 5-1/2 basis points to trade at 1.858 percent and the yield on the short-term 2-year edged tad nearly 1 basis point up to 1.199 percent by 13:35GMT.
Friday’s release of advance goods trade and inventories figures for January will also provide an update on economic activity at the start of the year, while personal income and spending data, including the monthly deflators, for the same month will also be closely watched, the report added.
Meanwhile, the S&P 500 Futures traded tad 0.41 percent higher at 3,239.12 by 13:40GMT.
