BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
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Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
The U.S. Treasuries remained slightly on the upside on Wednesday ahead of the 10-year Note auction and Federal Open Market Committee (FOMC) member Barkin’s speech, scheduled to be held today by 17:00GMT and 12:45GMT.
The yield on the benchmark 10-year Treasuries slipped 1/2 basis point to 2.96 percent, the super-long 30-year bond yields also remained tad lower at 3.11 percent and the yield on the short-term 2-year too traded 1/2 basis point lower at 2.67 percent by 10:40GMT.
Apart from the above releases, this week will also see the release of producer price index (PPI) data for the month of July, Chicago Fed President Evans’ speech and the 30-year bond auction, scheduled for August 9.
Post that, the week will end with the release of July consumer price inflation data, expected to remain unchanged from that in June.
Meanwhile, the S&P 500 Futures remained 0.03 percent higher at 2,860.50 by 10:45GMT, while at 10:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -43.0 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
