Strait of Hormuz Shipping Near Standstill After New Vessel Attacks 
US Dollar Slips as Softer PPI Data Eases Fed Rate Hike Expectations 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data 
Trump Imposes New Tariffs on Drone Imports Over US Security Concerns 
Wall Street Hits Record High as Softer Inflation Data Eases Fed Rate Hike Fears 
Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious 
US Dollar Slips as Weak Retail Sales Reduce Fed Rate Hike Bets 
UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity 
Asian Currencies Steady Ahead of US CPI as Oil Prices Rise 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
Add as a preferred source on Google
The U.S. Treasuries suffered Thursday as investors wait to watch the country’s initial jobless claims, scheduled to be released today by 12:30GMT. Also, the Federal Open Market Committee’s (FOMC) members Brainard, Quarles, and Mester are scheduled to deliver their speeches, later in the day, which shall add detailed insight into the bond market.
The yield on the benchmark 10-year Treasuries climbed nearly 3 basis points to 2.89 percent, the super-long 30-year bond yields jumped 4-1/2 basis points to 3.09 percent and the yield on the short-term 2-year traded nearly flat at 2.42 percent by 11:10GMT.
US Treasury yields remained on a steady but gradual upward trend on Thursday amid heightened supply jitters and market expectations for a gradual increase in Fed interest rates. German Bunds followed suit while EMU sovereign debt spreads narrowed.
In FX markets, the USD remained range bound and the GBP weakened against most of the major currency peers after UK March inflation data came in weaker than expected.
Meanwhile, the S&P 500 Futures slipped 0.13 percent to 2,706.50 by 11:15GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at 33.11 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
Lastly, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
