South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
The United Kingdom’s gilts gained during European trading hours Wednesday ahead of a host of speeches by members of the Bank of England’s (BoE) Monetary Policy Committee (MPC), all due to be delivered through this week, for further direction in the debt market.
The yield on the benchmark 10-year gilts, lost nearly 2 basis points to 0.504 percent, the 30-year yield also suffered 2 basis points to 0.942 percent and the yield on the short-term 2-year slumped 2-1/2 basis points to 0.363 percent by 11:35GMT.
Global equity markets remained under pressure on rising fears that the virus outbreak is close to becoming a pandemic. The 10-yr UST yield hit a fresh all-time low slightly below 1.31 percent yesterday, while the 10-yr Bund yield reached a trough of -0.52 percent earlier today, the lowest since mid-October 2019, Eurobank Economic Analysis & Financial Markets Research reported.
Meanwhile, the FTSE 100 slipped tad -0.52 percent to 6,981.11 by 11:40GMT.
