Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says 
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Wall Street Ends Mixed as Dow Hits Record Despite Tech Weakness 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
The United Kingdom’s gilts jumped during European trading hours Monday after the country’s services PMI for the month of July cheered market sentiments beyond initial anticipations, also rising from the previous reading in June.
The yield on the benchmark 10-year gilts, slumped nearly 4 basis points to 0.513 percent, the 30-year yield plunged 4-1/2 basis points to 1.196 percent and the yield on the short-term 2-year traded tad lower at 0.427 percent by 10:55GMT.
At 51.4 in July, the seasonally adjusted IHS Markit/CIPS UK Services PMI Business Activity Index registered above the 50.0 no-change mark for the fourth consecutive month and signalled a modest increase in service sector output.
The latest reading was up from 50.2 in June and the highest for nine months, but still well below the trend recorded since the recovery from the global financial crisis began in the second half of 2009 (54.4).
Meanwhile, the FTSE 100 suffered nearly 2 percent to 7,260.71 by 11:05GMT.
