Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off 
Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive 
South Korea Remains MSCI Emerging Market Despite Reform Progress 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery 
The U.S. Treasuries surged during Friday’s evening session ahead of the country’s personal consumption expenditure and personal spending index for the month of January, scheduled to be released today by 13:30GMT.
Also, FOMC member Bullard is due to deliver a speech, later today, which shall add further direction to the debt market.
The yield on the benchmark 10-year Treasury yield plunged 9 basis points to 1.209 percent, the super-long 30-year bond yield slumped nearly 6 basis points to trade at 1.726 percent and the yield on the short-term 2-year lost nearly 12 basis points to 0.986 percent by 13:35GMT.
In the US, today will bring advance goods trade and wholesale inventories figures for January, as well as personal income and spending data, including the closely-watched deflators, for the same month. The updated University of Michigan consumer sentiment survey for February is also due. Elsewhere, the Fed’s Bullard will discuss the US economy and monetary policy, Daiwa Capital Markets reported.
Meanwhile, the S&P 500 Futures traded tad -0.50 percent down at 2,943.38 by 12:45GMT.
