Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
Wall Street Ends Mixed as Dow Hits Record Despite Tech Weakness 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
US Stock Futures Rise as Markets Await July Payrolls Data 
US Job Growth Seen Picking Up in July 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
The United Kingdom’s gilts plunged during European trading hours Thursday tracking an array of optimism from market participants after Britain and the European Union reached a deal on Brexit, which further cleared the pathway to end all official ties with the latter after over 4 decades.
The yield on the benchmark 10-year gilts, jumped 3 basis points to 0.746 percent, the 30-year yield surged 4 basis points to 1.228 percent and the yield on the short-term 2-year traded tad higher at 0.569 percent by 12:10GMT.
The headline rate of annual UK CPI inflation held steady in September, printing at 1.7 percent, against consensus expectations for a modest pickup to 1.8 percent. That the headline rate of CPI failed to move higher last month, despite an uptick in the ‘core’ rate of CPI, which rose to 1.7 percent y/y from 1.5 percent in August, suggests that all of the downside surprise was due to softer-than-expected prices for food, drinks and energy-related goods and services.
Prices in these areas of the inflation basket are viewed as being more volatile and hence movements in these should be treated with caution. Nevertheless, and perhaps more crucially, the headline rate of CPI stayed below the key 2 percent mark for a second consecutive month, providing little justification for policymakers to consider hiking interest rates anytime soon.
Meanwhile, the FTSE 100 remained tad -0.39 percent down at 7,185.25 by 12:15GMT.
