GBP up on vote to block no-deal Brexit

US equities rebounded after New York Federal Reserve (Fed) President John Williams said that central bankers should act quickly to lower interest rates at the first sign of economic distress. Although a 25-basis-point rate cut would perhaps do as a preventive measure to support the economy, equity investors thought otherwise. The US 10-year yield eased to 2.02%. The probability of a 50-basis-point cut in FOMCs July meeting rose to 40%. The S&P500 gained 0.36% and Nasdaq closed 0.27% higher.

Gold surged to $1350 for the first time since May 2013 on tumbling US yields.

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