Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The UK gilts rebounded Monday as investors covered previous short positions post the inauguration speech by the United States President Donald Trump at the 45th U.S. Presidential Inauguration ceremony on January 20.
Also, investors are now curiously eyeing the fourth quarter gross domestic product (GDP), scheduled to be released on Wednesday.
The yield on the benchmark 10-year gilts, which moves inversely to its price, fell nearly 2 basis points to 1.41 percent, the super-long 30-year bond yields also moved higher by 1 basis point to 2.05 percent and the yield on short-term 3-year remained fell 1/2 basis point to 0.28 percent by 09:40 GMT.
President Trump in his speech said that adoption of the policy of protectionism will lead to great prosperity and strength and that he will fight for it thoroughly, putting his country on the top priority every time. He further added that every policy from now on will be directed solely to benefit the Americans at first.
Lastly, Bank of England (BoE) Governor Mark Carney is scheduled to speak on January 25, while the central bank will to hold its first monetary policy meeting of 2017 on February 2.
Meanwhile, the FTSE 100 fell 0.53 percent to 7,161.55 by 09:40 GMT, while at 09:00GMT, the FxWirePro's Hourly Pound Strength Index remained neutral at 46.09 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
