South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
The Australian bonds remained flat during Asian session Thursday after investors experienced a disappointment in the country’s retail sales for the month of December, released early today ahead of the Reserve Bank of Australia (RBA) Governor Philip Lowe’s speech, due later today by 22:30GMT.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, hovered around 1.097 percent, the yield on the long-term 30-year bond slipped 1 basis point to 1.702 percent and the yield on short-term 2-year also barely lost 1 basis point to trade at 0.789 percent by 05:10GMT.
Global risk appetite continue to gather momentum, with Wall Street up for a third session and the S&P500 at a new record amid robust US economic data, namely the ADP employment and non-manufacturing ISM, OCBC Treasury Research reported.
China’s death toll from the coronavirus has risen to at least 560 and the World Health Organization warned that a vaccine is still a long way off. Separately, the US Senate has voted to acquit President Trump of his impeachment charges. With the abating risk aversion, the UST bond yield curve bear-steepened with the 10-year UST bond yield at 1.65 percent (highest since January 24), the report added.
Meanwhile, the S&P/ASX 200 index traded tad 0.48 percent higher at 6,984.50 by 05:15GMT.
