China’s Slower Loan Growth Becomes ‘New Normal’ as Credit Demand Weakens 
Vietnam, U.S. Firms Plan 29 Deals Across Energy, Tech and Aviation 
Asian Currencies Mixed as Dollar Holds Gains After Fed Rate Hike 
UK Wage Growth Slows as BoE Rate Decision Looms 
US Futures Fall as Fed Meeting, Oil Surge Rattle Markets 
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
BOJ Set for Rate Hike as Inflation and Yen Pressure Mount 
Gold Prices Slip as Fed Rate Hike Looms, Treasury Yields Rise 
Iran Economic Crisis Forces Afghan Families to Return Home 
Add as a preferred source on Google
The United Kingdom’s gilt yields plunged slightly during European trading hours Wednesday ahead of the country’s gross domestic product (GDP) for the second quarter of this year, scheduled to be released on August 9 by 08:30GMT and the manufacturing production data for the month of June, due on the same day for further direction in the debt market.
The yield on the benchmark 10-year gilts, plunged 6-1/2 basis points to 0.449 percent, the 30-year yield slumped nearly 9 basis points to 1.103 percent and the yield on the short-term 2-year traded 2 basis points lower at 0.410 percent by 10:50GMT.
It should be a relatively quiet day for economic news from the UK with just the July Halifax house price survey – which in recent months has provided an unreliable guide to the official data, with a stronger headline rate of price growth (a remarkable 5.7 percent 3m/y in June) probably reflecting the geographical skew of the sample – due for release, Daiwa Capital Markets reported.
Meanwhile, the FTSE 100 traded nearly 1 percent up at 7,231.05 by 10:55GMT.
