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


Japanese Yen Rises as Pension Fund Plan and BOJ Rate Hike Bets Weigh on Dollar
Dollar Ends Week Higher as Yen Jumps on Japan Pension Fund Investment Plans
BOJ May Raise Japan Growth Forecast While Keeping Focus on Inflation Risks
Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations
Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets
Trump, Canada Reach Gordie Howe Bridge Deal Ahead of July 27 Opening
Gold Prices Fall as US-Iran Conflict, Rising Oil Prices Fuel Fed Rate Concerns
Gold Prices Slip as U.S.-Iran Conflict, Fed Rate Hike Bets Pressure Precious Metals
Gold Prices Set for Weekly Loss as Iran Tensions and Fed Rate Outlook Weigh
Wall Street Rises as SK Hynix’s Record Nasdaq Debut Steals Spotlight Ahead of U.S. CPI Data 



