Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
The United Kingdom’s gilts remained flat during European session Tuesday after the country’s construction PMI for the month of August disappointed market expectations, also lower than the previous reading in July.
The yield on the benchmark 10-year gilts, hovered around 1.407 percent, the super-long 30-year bond yields steady at 1.756 percent while the yield on the short-term 2-year traded nearly 1 basis point lower at 0.721 percent by 10:10GMT.
At 52.9 in August, the seasonally adjusted HIS Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) eased from July’s 14-month peak of 55.8, but remained above the crucial 50.0 no-change mark. The latest reading signalled a moderate overall rise in construction output, with the rate of expansion the weakest since May.
"If there is anything positive to note from this month, it would be that the rate of hiring remained strong. However, persistent pressures from skills shortages and slow rates of new orders will continue to hit business optimism still trailing below the survey’s average," said Tim Moore, Associate Director at IHS Markit.
Meanwhile, the FTSE 100 fell 0.14 percent to 7,495.32 by 10:15GMT, while at 10:00GMT, the FxWirePro's Hourly Pound Strength Index remained slightly bearish at -99.84 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
