European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Gold Prices Set for Weekly Loss as Iran Tensions and Fed Rate Outlook Weigh 
EU Weighs New Trade Restrictions on Israeli West Bank Settlements 
Dollar Slips as Oil Prices Ease, Fed Rate Outlook Remains Uncertain 
Dollar Ends Week Higher as Yen Jumps on Japan Pension Fund Investment Plans 
Trump, Canada Reach Gordie Howe Bridge Deal Ahead of July 27 Opening 
Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage 
The U.S. Treasuries sharply rallied Friday as investors await a host of FOMC member speeches through the day; members George and Harker are scheduled to speak today at 00:15GMT and 12:45GMT respectively, which shall provide detailed insight into the debt market.
The yield on the benchmark 10-year Treasury slumped 2-1/2 basis points to 2.04 percent, the super-long 30-year bond yields plunged 2 basis points to 2.65 percent and the yield on short-term 2-year note traded 1-1/2 basis points lower at 1.26 percent by 10:45GMT.
It is set to be a relatively low-key end to the week for economic data in the US with consumer credit as well as wholesale sales and inventory data, all for July, scheduled for release. Obviously, the progress of Hurricane Irma will dominate attention.
Meanwhile, the S&P 500 Futures traded 0.38 percent lower at 2,457.50 by 10:50GMT, while at 10:00GMT, the FxWirePro's Hourly Dollar Strength Index remained slightly bearish at -88.04 (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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