US Stock Futures Steady as Oil Prices Ease, Iran Talks Boost Market Sentiment 
Gold Prices Fall as US-Iran Conflict, Rising Oil Prices Fuel Fed Rate Concerns 
US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher 
Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement 
Gold Prices Slip as U.S.-Iran Conflict, Fed Rate Hike Bets Pressure Precious Metals 
Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields 
Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations 
Deutsche Bank Sees Global Capital Shifts Reshaping Long-Term U.S. Dollar Outlook 
Gold Prices Set for Weekly Loss as Iran Tensions and Fed Rate Outlook Weigh 
The UK gilts traded flat as investors wait to watch the country’s 5-year auction, scheduled to be held on August 23. Also, the second-quarter gross domestic product, due to be released on August 24 by 08:30GMT will add further direction to the debt market.
The yield on the benchmark 10-year gilts, hovered around 1.07 percent, the super-long 30-year bond yields traded flat at 1.73 percent and the yield on the short-term 2-year remained tad lower at 0.21 percent by 11:10 GMT.
A mostly quiet week datawise with only a second read on GDP Thursday scheduled. The market looks for an unrevised 0.3 percent q/q increase. Central bank talk will take centre stage with the Jackson Hole Symposium starting Thursday through Saturday. The topic is on “Fostering a Dynamic Global Economy” and Fed chair Yellen is talking on Friday on financial stability.
Meanwhile, the FTSE 100 jumped 0.72 percent to 7,367.50 by 11:10 GMT, while at 11:00GMT, the FxWirePro's Hourly Pound Strength Index remained highly bearish at -100.18 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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