The UK gilts plunged Thursday 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.
Also, the country’s trade balance for the month of July, due on the same day will add further direction to the debt market.
The yield on the benchmark 10-year gilts, jumped 2 basis points to 1.02 percent, the super-long 30-year bond yields also climbed nearly 2 basis points to 1.68 percent and the yield on the short-term 2-year traded flat at 0.17 percent by 10:30 GMT.
Meanwhile, the FTSE 100 traded 0.47 percent higher at 7,389.25 by 10:30 GMT, while at 10:00GMT, the FxWirePro's Hourly Pound Strength Index remained neutral at 65.36 (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


Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
BOJ Raises Interest Rate to 31-Year High as Yen Weakens
Yen Sinks as BOJ Rate Hike Fails to Impress Markets
Yemen Fighting Threatens Red Sea Oil Routes
Asian Currencies Mixed as Dollar Holds Gains After Fed Rate Hike
Oil Prices Fall as Saudi Supply Improves, Middle East Fears Ease
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade
Bolivia Approves $1.9 Billion IMF Financing Deal 



