Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
Dollar Holds Near Six-Week Low as Yen Loses Momentum Ahead of U.S. Jobs Data 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
The German bunds remained flat during European session Tuesday after the eurozone’s December flash estimate of consumer price inflation (CPI) edged higher, albeit meeting market expectations. Investors will now eye Germany’s trade balance data for the month of November, scheduled to be released by end of this week will add further direction to the debt market.
The German 10-year bond yield, which move inversely to its price, remained flat at -0.288 percent, the yield on 30-year note slipped nearly 1 basis point to 0.246 percent and the yield on short-term 2-year hovered around -0.627 percent by 10:40GMT.
Euro area annual inflation is expected to be 1.3 percent in December 2019, up from 1.0 percent in November according to a flash estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in December (2.0 percent, compared with 1.9 percent in November), followed by services (1.8 percent, compared with 1.9 percent in November), non-energy industrial goods (0.4 percent, stable compared with November) and energy (0.2 percent, compared with -3.2 percent in November).
Meanwhile, the German DAX rose 1 percent to 13,258.52 by 10:45GMT.
