China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
US Stock Futures Rise as Markets Await July Payrolls Data 
Philippine GDP Growth Slows to 2.3% in Q2 
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns 
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets 
The Australian bonds gained slightly during Asian session of the second trading day of the week Tuesday despite a fall in the United States’ Treasuries in the overnight session amid slowdown in the Iranian tensions.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, hovered around 1.216 percent, the yield on the long-term 30-year bond gained nearly 1-1/2 basis points to 1.845 percent and the yield on short-term 2-year suffered 1 basis point to 0.794 percent by 02:55GMT.
Risk aversion subsided overnight as investors shrugged off Iranian tensions. S&P500 staged a modest overnight recovery, led by tech stocks, while the UST bonds yield curve flattened with the 10-year bond yield at 1.81 percent, and gold prices was little changed. News about the repositioning of US forces in Iraq was dismissed as a draft that should never have been circulated.
Meanwhile, the S&P/ASX 200 index traded nearly 1 percent higher at 6,755.00 by 03:00GMT.
