Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes 
Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge 
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
The United Kingdom’s gilts jumped during European trading hours Wednesday, after the country’s consumer price inflation (CPI) for the month of August, released early today disappointed market investors, also declining from that in July.
Also, the Bank of England’s (BoE) monetary policy meeting, due to be held on September 19 by 11:00GMT will provide further direction in the debt market.
The yield on the benchmark 10-year gilts, plunged nearly 4 basis points to 0.659 percent, the 30-year yield slumped 3 basis points to 1.110 percent and the yield on the short-term 2-year remained flat at 0.516 percent by 10:40GMT.
The UK’s annual inflation declined faster than market expectations in August to a near three-year low at 1.7 percent, official data released by the Office for National Statistics (ONS) showed Wednesday, in a boost for consumers ahead of Brexit.
The Consumer Prices Index (CPI) 12-month rate "has fallen noticeably into August, to its lowest rate since late 2016", noted Mike Hardie, head of inflation at the ONS.
The bigger-than-expected drop "was mainly driven by a decrease in computer game prices, plus clothing prices rising by less than last year", Hardie added.
Meanwhile, the FTSE 100 traded tad 0.12 percent up at 7,329.02 by 10:50GMT.
