Australian Consumer Sentiment Drops in June as Financial Concerns Weigh on Households 
Oil Prices Rise as Iran-Israel Tensions Ease Following Trump-Led Ceasefire Push 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
Japan Producer Prices Surge in May, Strengthening Expectations of BOJ Rate Hike 
Wall Street Ends Mixed as Iran Tensions, OpenAI IPO Filing, and Inflation Concerns Weigh on Markets 
US Dollar Slips Ahead of Key Inflation Data as Middle East Tensions Weigh on Markets 
Switzerland Population Cap Referendum Sparks Economic and Immigration Debate 
Gold Prices Slide Nearly 2% Ahead of Key U.S. Inflation Data and Rising Middle East Tensions 
The Australian bonds slumped during Asian trading session Thursday tracking its U.S. counterpart after President Donald Trump confirmed that there have been no casualties from the Iranian attack on Iraq-based U.S. troops, making the scenario less dreadful than gauged.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, jumped 4-1/2 basis points to 1.230 percent, the yield on the long-term 30-year bond also surged 4-1/2 basis points to 1.859 percent and the yield on short-term 2-year gained 2 basis points to 0.797 percent by 02:25GMT.
Trump’s commented that Iran “appears to be standing down” and that it does not indicate any further action by the former, delivered a sigh of relief to the benchmark S&P 500 stock index, while safe-haven gold came down from its multi-year peak.
"Asian markets may claw back some ground today as Middle East tensions stabilize and market players may start to turn their attention back to the Fedspeak from Clarida, Williams, Kashkari, Bullard, Barkin and Evans, as well as economic data including the US labor market report due tomorrow," OCBC Treasury Research reported.
Meanwhile, the S&P/ASX 200 index traded tad 0.26 percent higher at 6,822.50 by 02:30GMT.
