100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
The U.S. Treasuries jumped Wednesday as investors wait to watch the Federal Open Market Committee (FOMC) member Kaplan’s speech, scheduled to be held today by 13:05GMT. Also, markets remain focussed to observe the speeches from the upcoming Jackson Hole Symposium, scheduled to be held on August 24 for detailed insight into debt trading.
The yield on the benchmark 10-year Treasury, slumped nearly 2 basis points to 2.20 percent, the super-long 30-year bond yields also plunged 2 basis points to 2.77 percent and the yield on short-term 2-year note traded steady at 1.32 percent by 12:10GMT.
In the US, along with the flash Markit PMIs for August today will bring new home sales data for July. In addition, the Treasury will sell 2Y FRNs.
This week, top central bankers including the Fed’s Yellen and ECB President Draghi will gather for the Jackson Hole economic symposium. Central bankers gather Thursday through Saturday in Wyoming and the markets focus will be on Yellen’s speech Friday morning on financial stability, while Draghi will speak Friday afternoon.
The 2017 symposium will focus on “Fostering a Dynamic Global Economy” in an annual event that gathers hundreds of central bankers, finance ministers, policymakers, academics and economists in order to exchange ideas the economic issues, implications, and policy options pertaining to the symposium topic.
Meanwhile, the S&P 500 Futures traded 0.35 percent lower at 2,444.25 by 12:10GMT, while at 12:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -31.53 (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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