The United Kingdom’s gilts gained during European trading hours Wednesday ahead of the country’s manufacturing PMI for the month of October amid ongoing Brexit hassles and extension of divorce deadline to January 31, 2020.
The yield on the benchmark 10-year gilts, slipped 1 basis point to 0.698 percent, the 30-year yield suffered nearly 2 basis points to 1.222 percent and the yield on the short-term 2-year also edged nearly 1-1/2 basis points down to 0.530 percent by 12:00GMT.
UK MPs voted yesterday in favour of Prime Minister Boris Johnson’s bill calling for an early election on December 12. Amidst this, activity in financial markets was relatively muted earlier today, ahead of the release of the US Q3 GDP advance estimate and the FOMC’s policy decision, Eurobank Economic Analysis & Financial Markets Research reported.
Meanwhile, the FTSE 100 remained flat at 7,311.70 by 12:05GMT.


Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions
UK Inflation Rises to 3.1% Ahead of BoE Rate Decision
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation
Oil Prices Fall as Saudi Supply Improves, Middle East Fears Ease
Gold Prices Slip as Fed Rate Hike Looms, Treasury Yields Rise
Trump Hopes Iran War Nears End as Yemen Fighting Escalates
Gold Rebounds Above $4,300 Despite Hawkish Fed Rate Hike
German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise
Houthis Escalate Saudi Attacks as Red Sea Oil Risks Grow
East Germany Narrows Economic Gap With West but Wealth Divide Persists
Oil Prices Fall as U.S. Crude Inventories Rise, Middle East Risks Persist 



