European Stocks Edge Higher as Fed Rate Pause Bets Rise 
UK Wage Growth Holds at 3.5% as Unemployment Rises 
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Foreign U.S. Treasury Holdings Fall as Japan, UK and China Cut Positions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Barclays Warns U.S. Stock Rally May Be Detached From Fundamentals 
Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves 
Trump Imposes New Tariffs on Drone Imports Over US Security Concerns 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
Oil Prices Steady as Strait of Hormuz Traffic Slows Amid US-Iran Conflict 
Dollar Slides as Soft U.S. Data Cuts Fed Rate Hike Bets 
US Dollar Hovers Near Multi-Month Lows as Fed Rate Hike Bets Ease 
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The German bunds trade higher Thursday as investors wait to watch the European Central Bank member Lautenschlaeger’s speech, scheduled for later in the day. Also, market participants remain keen to read the March manufacturing PMI, due on March 24, which will remain crucial in determining the future direction of the bond market.
The yield on the benchmark 10-year bond, which moves inversely to its price, slumped 1-1/2 basis points to 0.39 percent, the long-term 30-year bond yields also plunged 1-1/2 basis points to 1.12 percent and the yield on short-term 1-year bond also traded 3-1/2 basis points lower at -0.80 percent by 09:00 GMT.
Meanwhile, the German stock index DAX Index traded 0.15 percent higher at 11,920.00 by 09:10 GMT, while at 09:00GMT, the FxWirePro's Hourly Euro Strength Index remained slightly bearish at -88.90 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
