US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
Trump Unveils $3 Billion U.S. Critical Minerals Push 
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns 
Philippine GDP Growth Slows to 2.3% in Q2 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
US Job Growth Seen Picking Up in July 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 
The U.S. Treasuries jumped during Wednesday’s afternoon session amid a muted trading session that witnessed data of little economic significance. Also, a speech by Federal Reserve President Evans, due later in the day shall add further direction into the bond market.
The yield on the benchmark 10-year Treasury yield slumped 2 basis points to 1.870 percent, the super-long 30-year bond yield also suffered nearly 2 basis points to 2.299 percent and the yield on the short-term 2-year lost 1 basis point to 1.623 percent by 14:00GMT.
On a quiet day for US economic releases, today will just see Fed Governor Brainard speak at an ECB conference in honour of departing Executive Board member Cœuré, Daiwa Capital Markets reported.
Fixed income markets remained supported in early trade today and the GBP extended recent losses on fears over the risk of a no-deal Brexit. Focus today is on Germany’s IFO business climate index for December, Eurobank Economic Analysis & Financial Markets Research reported.
Meanwhile, the S&P 500 Futures remained flat at 3,196.62 by 14:05GMT.
