Asian Market Wrap:
Asian Market Wrap: 10-year Treasury yields are up 0.7 bp at 2.85%, the 10-year JGB yield is up 0.4 bp at 0.033%, as stock markets moved higher across Asia and are finally heading for a weekly gain. China's exports came in stronger than hoped, while imports slowed more than expected, a good sign for Monday's release of Q2 GDP. Chinese markets still underperformed and the Shanghai Comp dropped -0.24%, while the CSI 300 managed a gain of 0.35% so far, versus a 0.54% rise in the Hang Seng. Japan outperformed as the Yen weakened against the dollar and Topix and Nikkei are up 1.31% and 2.01% respectively. China has so far not detailed its plans for retaliation measures against additional U.S. tariffs and trade tensions continued to ease. U.S. stock futures are also moving higher after a strong close yesterday. Oil prices are little changed and the front end Nymex future is trading at USD 70.40 per barrel.