China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
Wall Street Ends Mixed as Dow Hits Record Despite Tech Weakness 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
The Japanese government bonds remained mixed on Friday amid ongoing global economic worries in a muted trading session that barely witnessed any data of esteemed economic significance.
At close, the yield on the benchmark 10-year JGB note, which moves inversely to its price, hovered around -0.233 percent, the yield on the long-term 30-year jumped 2 basis points to 0.182 percent and the yield on short-term 2-year slumped 27 basis points to -0.274 percent.
Global risk appetite appears to be attempting to stabilize as the S&P 500 index edged up overnight amid better-than-expected US retail sales data, albeit the UST bond market continued to rally, OCBC Treasury Research reported.
The 10- and 30-year UST bond yields broke through 1.5 percent (for the first time since August 2016) and 2 percent respectively to a low of 1.47 percent and 1.95 percent (record low) and bull-steepened the curve, the report added.
Also, President Trump opined that a trade deal with China must be on US terms and he will have a call with China’s Xi very soon, OCBC further noted in the report.
Meanwhile, the Nikkei 225 index slipped -0.18 percent to 20,368.85 at close.
