Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge 
US Job Growth Seen Picking Up in July 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
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 
US Stock Futures Rise as Markets Await July Payrolls Data 
The U.S. Treasuries recovered during Tuesday’s afternoon session amid a muted trading day that witnessed data of little economic significance after returning from a long weekend ahead of the country’s retail sales for the month of September, scheduled to be released on October 16 by 12:30GMT.
Also, a host of FOMC members’, namely, George and Daly are scheduled to deliver their speeches today by 16:45GMT and 19:30GMT respectively.
The yield on the benchmark 10-year Treasury yield plunged 6-1/2 basis points to 1.687 percent, the super-long 30-year bond yield slumped 5 basis points to 2.164 percent and the yield on the short-term 2-year plummeted nearly 7 basis points to 1.547 percent by 12:20GMT.
In the US, the Empire manufacturing survey results for October represent the only economic data certain to be released on Tuesday although the federal government’s monthly budget statement for September might also be released, Daiwa Capital Markets reported.
FOMC members Bullard and Daly are speaking public on matters that could touch on Fed policy. Meanwhile, the NY Fed will start its T-bill purchases, at a monthly rate of $60 billion, under the new programme announced at the end of last week, the report added.
Meanwhile, the S&P 500 Futures slipped -0.24 percent to trade at 2,964.12 by 12:25GMT.
