Japan Producer Inflation Hits 7.1% in June, Fueling BOJ Rate Hike Expectations 
Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious 
Dollar Slips as Oil Prices Ease, Fed Rate Outlook Remains Uncertain 
Oil Prices Slip but Stay on Track for Weekly Gains as U.S.-Iran Conflict Persists 
Fed Chair Kevin Warsh Launches Task Forces to Overhaul U.S. Monetary Policy Framework 
Gold Prices Slip as U.S.-Iran Conflict, Fed Rate Hike Bets Pressure Precious Metals 
Gold Prices Set for Weekly Loss as Iran Tensions and Fed Rate Outlook Weigh 
Japan Eyes Bigger GPIF Investment in Domestic Assets as BOJ Independence Concerns Grow 
US Back-to-School Spending Seen Falling as Families Focus on Essentials 
US Stock Futures Steady as Oil Prices Ease, Iran Talks Boost Market Sentiment 
The U.S. Treasuries remained flat Tuesday ahead of the Federal Open Market Committee’s (FOMC) monetary policy meeting, scheduled to be held on June 14. Also, expectations for a rise in the country’s CPI for the month of May, further added sluggishness to the debt market.
The yield on the benchmark 10-year Treasury, hovered around 2.22 percent, the super-long 30-year bond yields rose nearly 1 basis point to 2.87 percent and the yield on short-term 2-year note traded flat at 1.35 percent by 11:10GMT.
The majority of European bourses started Tuesday’s session on an improved tone recouping part of the previous session’s losses as the recent global sell-off in tech shares shows signs of easing. Fixed income safe havens were little changed ahead of the conclusion of this week’s two-day FOMC policy meeting on Wednesday.
Meanwhile, the S&P 500 Futures traded 0.15 percent higher at 2,430.00 by 11:30GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at 25.29 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
