Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
The Japanese government bonds closed nearly flat Tuesday ahead of the Federal Reserve and Bank of Japan’s (BoJ) monetary policy meetings, scheduled for later this week amid an otherwise muted trading session that witnessed data of little economic significance.
At close, the yield on the benchmark 10-year JGB note, which moves inversely to its price, edged tad up to -0.152 percent, the yield on the long-term 30-year hovered around 0.346 percent and the yield on short-term 2-year also gained slightly to -0.240 percent.
Global risk appetite may attempt to rally on the back that the US and Japan had reached a trade deal, albeit there were few details to go on (especially for the auto tariffs) which may only come at the UN General Meeting later this month, OCBC Treasury Research reported.
Brent oil prices which spiked 19 percent intra-day yesterday following the drone attacks in Saudi Arabia may gradually normalise as supply is restored, but it’s still early days yet, the report added.
Meanwhile, the Nikkei 225 index closed tad 0.06 percent up at 22,001.32.
