Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
The U.S. Treasuries jumped during Tuesday’s afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the country’s 10-year TIPS auction and initial jobless claims, scheduled for rest of this week.
The yield on the benchmark 10-year Treasury yield slumped 3 basis points to 1.806 percent, the super-long 30-year bond yield plunged 3 basis points to 2.265 percent and the yield on the short-term 2-year suffered nearly 2-1/2 basis points to 1.547 percent by 13:45GMT.
US and European stock futures inevitably also fell in Asian time. And the week’s trading in USTs got underway with yields moving lower across the curve, with 10-year yields down about 3bps back to 1.79 percent, Daiwa Capital Markets reported.
There are no top-tier US economic releases due today to distract from the start of President Trump’s impeachment trial, the report added.
Meanwhile, the S&P 500 Futures remained tad -0.31 percent lower at 3,314.62 by 13:50GMT.
