European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious 
Wall Street Hits Record High as Softer Inflation Data Eases Fed Rate Hike Fears 
Asian Stocks Rally as Cooling US Inflation Boosts Fed Rate Outlook 
Asian Currencies Steady Ahead of US CPI as Oil Prices Rise 
Gold Prices Slip From 10-Week High as Fed and Hormuz Risks Shape Outlook 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
Australia Sets New Minimum Pay, Insurance Rules for Gig Workers 
Canada-US Trade Talks Gain Momentum Ahead of Aug. 19 Tariff Deadline 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
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The U.S Treasuries jumped Friday on expectations of a fall in the country’s gross domestic product (GDP) for the first quarter of this year, scheduled to be released today by 12:30GMT amid an otherwise, silent trading session.
The yield on the benchmark 10-year Treasuries slumped 2 basis points to 2.97 percent, the super-long 30-year bond yields also plunged 2 basis points to 3.15 percent and the yield on the short-term 2-year traded nearly 1 basis point lower at 2.48 percent by 12:35GMT.
According to the "advance" estimate released this Friday by the Bureau of Economic Analysis, the real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the first quarter of 2018, which is higher than the market expectations of 2.0 percent.
However, the reading for Q4 2017 has been revised lower to 2.3 percent, from prior 2.9 percent.
Meanwhile, the S&P 500 Futures rose 0.22 percent to 2,650.50 by 12:40GMT, while at 12:00GMT, the FxWirePro's Hourly Dollar Strength Index remained highly bullish at 149.07 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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