US-Iran Ceasefire Under Pressure as Fresh Strait of Hormuz Clashes Shake Oil Markets 
Wall Street Hits Record High as AI Chip Stocks and Strong U.S. Jobs Data Boost Markets 
Gold Prices Rise as Weaker Dollar and Iran Ceasefire Hopes Boost Safe-Haven Demand 
Gold Prices Hold Firm as Iran Tensions and Dollar Swings Drive Safe-Haven Demand 
Iran-U.S. Peace Deal Near as Oil Prices Fall and Nuclear Disputes Persist 
Australia Posts Surprise Trade Deficit as Imports Surge on AI Equipment Demand 
Oil Prices Surge as U.S.-Iran Conflict Threatens Strait of Hormuz Supply Route 
Wall Street Futures Edge Higher as Iran Tensions and AI Optimism Shape Markets 
Lula and Trump Talks Signal New Phase in Brazil-US Relations 
The UK gilts traded flat Wednesday as investors remain keen to watch the country’s fourth-quarter gross domestic product (GDP), due to be release by the end of this week, which will remain crucial in deciding further movements in the money market.
The yield on the benchmark 10-year gilts, which moves inversely to its price, hovered around 1.19 percent, the super-long 30-year bond yields also remained flat at 1.77 percent while the yield on the short-term 2-year traded nearly 1 basis points down at 0.17 percent by 09:40 GMT.
The UK gilts have been closely following developments in oil markets because of their impact on inflation expectations. The International benchmark Brent futures moved higher by 0.68 percent to USD51.76 and West Texas Intermediate (WTI) rose 0.70 percent to USD48.71 by 10:00 GMT.
Meanwhile, the FTSE 100 fell 0.07 percent or 5.92 points to 7,338.25 by 09:40 GMT, while at 09:00GMT, the FxWirePro's Hourly Pound Strength Index remained neutral at -32.83 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
