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.


Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 



