Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
The U.S. Treasuries jumped during Wednesday’s afternoon session ahead of the country’s non-farm productivity data for the third quarter of this year, scheduled to be released today by 13:30GMT and the 10-year auction, also due to be held today by 18:00GMT.
Besides, Chicago Fed President Evans and Federal Open Market Committee (FOMC) members Williams and Harker, are all lined up to deliver their respective speeches later today, which shall add further direction into the debt market.
The yield on the benchmark 10-year Treasury yield slumped 2 basis points to 1.846 percent, the super-long 30-year bond yield plunged 2-1/2 basis points to 2.323 percent and the yield on the short-term 2-year too traded nearly 2-1/2 basis points down at 1.611 percent by 11:45GMT.
While non-farm productivity growth is expected to have slowed in Q3, to roughly half the 1.8 percent q/q ann. pace seen in the previous four quarters, the annual increase in unit labour costs is expected to have moderated only slightly from the 2.6 percent q/q ann. rate in Q2, Daiwa Capital Market reported.
Meanwhile, the S&P 500 Futures remained flat at 3,071.62 by 11:50GMT.
