Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The United Kingdom’s gilts remained narrowly mixed during European session Wednesday ahead of a scheduled speech by the Governor of Bank of England (BoE), Mark Carney, on June 14 by 12:55GMT.
The yield on the benchmark 10-year gilts, slipped 1 basis point to 0.848 percent, the super-long 30-year bond yields hovered around 1.449 percent and the yield on the short-term 2-year traded tad higher at 0.594 percent by 10:00GMT.
US stocks largely failed to advance yesterday, with the S&P500 closing effectively unchanged on the day. Talking about the trade war, Donald Trump boasted that “It’s me that is holding up the deal” with China, adding that "We had a deal with China and then they went back on the deal, and unless they go back to the deal I have no interest", Daiwa Capital Markets reported.
Meanwhile, the FTSE 100 remained tad 0.62 percent down at 7,349.25 by 10:25GMT, while at 10:00GMT, the FxWirePro's Hourly Pound Strength Index remained highly bullish at 147.19 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
