The United Kingdom’s gilts remained mixed during Tuesday’s afternoon session ahead of the Bank of England’s (BoE) monetary policy decision, scheduled to be unveiled on November 1 by 12:00GMT, followed by Governor Mark Carney’s speech, by 12:30GMT for further direction in the debt market.
The yield on the benchmark 10-year gilts, rose nearly 1 basis point to 1.408 percent, the super-long 30-year bond yields slipped 1/2 basis point to 1.836 percent and the yield on the short-term 2-year traded nearly flat at 0.727 percent by 10:40GMT.
The UK dataflow continues today with the CBI Distributive Trades survey, which should give the first insight into activity on the UK High Street this month. Retail sales grew very rapidly over the summer, and while we saw some moderation in September, the increase in Q3 as a whole of 1.2 percent was still strong. Today’s survey, however, seems likely to be consistent with a further gradual slowdown, Daiwa Capital Markets reported.
Meanwhile, the FTSE 100 rose 0.06 percent to 7,031.69 by 10:45GMT, while at 10:00GMT, the FxWirePro's Hourly Pound Strength Index remained highly bearish at -114.14 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex


Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes
Asian Stocks Fall as Surging Bond Yields Rattle Markets
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears
Dollar Holds Near Two-Month High as Yen Approaches 160
Japan Private-Sector Growth Slows as Domestic Demand Weakens
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens
Asian Currencies Mixed as Dollar Holds Near Two-Month High 



