Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
The UK gilts witnessed steep rebound Thursday tracking U.S. Treasuries and ahead of the long Easter holidays.
The yield on the benchmark 10-year gilts, which moves inversely to its price, slumped 3 basis points to 1.02 percent, the super-long 30-year bond yields also plunged nearly 3 basis points to 1.62 percent while the yield on the short-term 2-year traded nearly 1 basis point lower at 0.08 percent by 09:10 GMT.
The USD was weaker in European trade on Thursday while US Treasuries gained in reaction to comments by US President Donald that the US dollar was “getting too strong” and would weigh on the US economy while he is in favor of low Fed interest rates. On the data front, US PPI for March, initial jobless claims for the week ending 8 April and the Michigan consumer sentiment index for April are due later in the day.
The unemployment rate matched the lows seen since the 1970s. So far, however, the seemingly tight labour market appears to be having little upward pressure on wages.
Employment growth in the three months to February at 39k was well below expectations and significantly down from the growth rate in the three months to January of 92K. The slowdown chimes with the weakening of labour demand reported in some recent business surveys, although an alternative explanation is that the slowdown is a reflection of growing labour shortages.
Meanwhile, the FTSE 100 rose 0.62 percent or 44.75 points to 7,304.75 by 10:40 GMT, while at 10:00GMT, the FxWirePro's Hourly Pound Strength Index remained neutral at -33.96 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
