The UK gilts witnessed a downward performance Wednesday as investors wait to watch the country’s manufacturing production for the month of July, scheduled to be released on September 8 by 08:30GMT amid an otherwise silent trading day that witnessed no data of prime economic significance.
The yield on the benchmark 10-year gilts, rose nearly 1-1/2 basis points to 1.02 percent, the super-long 30-year bond yields also climbed around 1-1/2 basis points to 1.69 percent and the yield on the short-term 2-year traded 1 basis point higher at 0.19 percent by 10:20 GMT.
Today is a quiet one for economic data releases with nothing of note in either the Eurozone or in the UK. In the US, however, the August ISM non-manufacturing survey will provide an update on economic activity.
Services, which account for 75 percent of Britain’s GDP, grew at a slower rate in the month of August, according to the latest purchasing managers index (PMI) from IHS Markit.
Meanwhile, the FTSE 100 traded 0.66 percent lower at 7,324.25 by 10:20 GMT, while at 10:00GMT, the FxWirePro's Hourly Pound Strength Index remained neutral at 28.40 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
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
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 



