- As traders waited for a plethora of data that could demonstrate if bets on interest-rate reduction this year are justified, US Treasuries and stock futures continued their decline.
- The dollar strengthened for a fourth day, the longest stretch since November, and S&P 500 futures fell 0.4%. 10-Yr Treasury yields increased to 3.97%. Nvidia fell in US premarket trade as investors kept pulling out of tech companies.
- For the first full day of trading in a year, US markets are expected to continue their losses from Tuesday, which was the largest worldwide sell-off since 1999. Later today, the Federal Reserve's most recent meeting minutes and economic statistics on manufacturing and job vacancies are expected to be released.
- Long-end UK bonds have suffered the most during this year's 2-day selloff. The yield on 30-Yr UK government notes has increased by 14 basis points, more than that of US and German bonds.
- Matrixport’s latest report claims that the SEC will reject all Bitcoin spot ETFs in January, and final approval may be achieved in the Q2.