China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
The U.S. Treasuries climbed sharply during late afternoon session Tuesday amid a silent trading day that witnessed data of little economic significance. However, today’s 2-year Note auction, due by 17:00GMT and Federal Open Market Committee’s (FOMC) members Kashkari, Bostic and Evans will deliver their speeches by 13:30GMT, 17:30GMT and 22:15GMT respectively for further direction in the debt market.
The yield on the benchmark 10-year Treasuries slumped 4 basis points to 3.154 percent, the super-long 30-year bond yields suffered by 3 basis points to 3.350 percent and the yield on the short-term 2-year also traded 2-1/2 basis points lower at 2.887 percent by 11:00GMT.
It is set to be another quiet day for economic data, with just the Richmond Fed’s October manufacturing survey results due. In addition, the Atlanta Fed’s President Raphael Bostic, who is a voter on the FOMC this year, will speak about the US economy and monetary policy. And the Treasury will sell 2-year FRNs.
Meanwhile, the S&P 500 Futures traded 1.24 percent lower at 2,722.75 by 11:10GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained highly bullish at 131.223 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
