Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow 
Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge 
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
The United Kingdom’s gilts remained narrowly mixed during European session Wednesday ahead of a scheduled speech by the Governor of Bank of England (BoE), Mark Carney, on June 14 by 12:55GMT.
The yield on the benchmark 10-year gilts, slipped 1 basis point to 0.848 percent, the super-long 30-year bond yields hovered around 1.449 percent and the yield on the short-term 2-year traded tad higher at 0.594 percent by 10:00GMT.
US stocks largely failed to advance yesterday, with the S&P500 closing effectively unchanged on the day. Talking about the trade war, Donald Trump boasted that “It’s me that is holding up the deal” with China, adding that "We had a deal with China and then they went back on the deal, and unless they go back to the deal I have no interest", Daiwa Capital Markets reported.
Meanwhile, the FTSE 100 remained tad 0.62 percent down at 7,349.25 by 10:25GMT, while at 10:00GMT, the FxWirePro's Hourly Pound Strength Index remained highly bullish at 147.19 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
