South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
The United Kingdom’s gilts remained unnerved during Tuesday’s late afternoon session as investors patiently await the Brexit vote on Plan B in the House of Commons, scheduled for later in the day, to be presented by Prime Minister Theresa May, post rejection of her Plan A and surviving a no-confidence vote in the Parliament off late.
The yield on the benchmark 10-year gilts, remained tad higher at 1.337 percent, the super-long 30-year bond yields hovered around 1.746 percent and the yield on the short-term 2-year remained 1 basis point higher at 0.785 percent by 11:30GMT.
All eyes in the UK today will be on this evening’s Brexit votes in the House of Commons. Theresa May’s strategy was revealed last night when she sought to persuade Conservative MPs to back an amendment, tabled by Tory backbencher Sir Graham Brady, which would endorse her deal subject to negotiating alternative arrangements to avoid a hard border in Ireland in place of the current draft backstop agreement.
Of course, the EU has long made clear that it has no intention to renegotiate the backstop, or anything else in the Withdrawal Agreement. Moreover, it’s already evident that, if it is selected for a vote, the Brady amendment will face defeat. Certainly, several notable Brexiters of the ERG are refusing to back it, thus revealing that their support cannot be bought simply by tweaking the backstop, Daiwa Capital Markets reported.
Assuming the Brady amendment is indeed selected for a vote, however, the magnitude of defeat could be instructive as to what might be required if a version of May’s deal is eventually to make it through the Commons, the report added.
Meanwhile, the FTSE 100 jumped 1.30 percent to 6,836.25 by 10:35GMT, while at 11:00GMT, the FxWirePro's Hourly Pound Strength Index remained neutral at 14.15 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
