China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
The U.S. Treasuries plunged during Thursday’s afternoon session ahead of the country’s weekly initial jobless claims and super-long 30-year auction, both scheduled for today at 13:30GMT and 18:00GMT.
Also, Federal Open Market Committee (FOMC) member Kaplan is due to deliver his speech today at 18:05GMT, for further direction into the debt market.
The yield on the benchmark 10-year Treasury yield jumped 5 basis points to 1.862 percent, the super-long 30-year bond yield surged 5-1/2 basis points to 2.353 percent and the yield on the short-term 2-year traded nearly 3-1/2 basis points higher at 1.639 percent by 11:55GMT.
While US equities moved broadly sideways yesterday, Asian markets on the whole had a slightly better day despite earlier reports suggesting that the signing of the preliminary US-China trade agreement might well be pushed back into December, with China’s main CSI 300 closed 0.2 percent on the day, Daiwa Capital Markets reported.
And the subsequent reports suggesting that China and US had agreed to gradually roll back tariffs should provide a further boost when markets reopen tomorrow, the report added.
Meanwhile, the S&P 500 Futures remained tad 0.45 percent up at 3,089.38 by 12:00GMT.
