Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
The UK gilts traded mixed Wednesday after the country’s manufacturing production for the month of February disappointed market expectations, while trade balance for the similar period beat consensus estimates.
The yield on the benchmark 10-year gilts, rose 1/2 basis point to 1.41 percent, the super-long 30-year bond yields slipped nearly 1 basis point to 1.79 percent while the yield on the short-term 2-year traded 2-1/2 basis points higher at 0.91 percent by 09:15GMT.
The country’s Factory production declined 0.2 percent from January when output was unchanged, the Office for National Statistics said Wednesday. Overall industrial production rose a smaller-than-forecast 0.1 percent as below-average temperatures boosted demand for energy.
Seven out of 13 manufacturing sectors saw output decline in February, with machinery and equipment dropping 3.9 percent after a strong January. In the latest three months, factory output rose 0.6 percent, the least since July.
Lastly, the UK goods trade balance came in at -GBP10.20 billion in February, versus -GBP11.95 billion market expectations and -GBP12.23 billion seen in January. Total trade balance came in at -GBP0.96 billion in February versus -GBP2.95 billion previous.
Meanwhile, the FTSE 100 traded flat at 7,268.25 by 09:20 GMT, while at 09:00GMT, the FxWirePro's Hourly Pound Strength Index remained neutral at -13.49 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
Lastly, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
