Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The Australian government bonds gained Wednesday as investors remain keen to focus on the country’s employment report scheduled to be released on January 19. Also, the country’s benchmark ASX200 stock index dipped to levels seen on January 2 this year, which further lent cushion to the safe-haven assets.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, fell 2-1/2 basis points to 2.68 percent, the yield on 15-year note plunged 3-1/2 basis points to 3.11 percent and the yield on short-term 2-year moved down 1 basis point to 1.85 percent by 05:00 GMT.
Australia’ December employment changed is expected to come down to 10k, from previous 39.1k in November. Also, the unemployment rate for December is likely to come at 5.7 percent, remaining unchanged from prior 5.7 percent.
Moreover, the ASX200 index witness sharp losses in early morning session, dripping to 5,610.50 percent tracking losses in international equity markets.
Lastly, PM May, said yesterday that she wants the UK to emerge from this period of change as a stronger, fairer and more outward looking economy and wants Britain to be a secure, prosperous country and a magnet for talent, thus confirming the exit from the European Union.
She further added that being out of the EU but a member of the single market would mean being subject to rules without a say in them. Says staying in the single market would mean not leaving the EU at all. Her comments seemed prevaricative, adding that the govt will put the final agreement to a vote in both houses of Parliament.
Meanwhile, at 5:00GMT, the FxWirePro's Hourly AUD Strength Index remained neutral at 29.96 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
