Gilts have opened modestly higher......>

GILT SUMMARY: Gilts have opened modestly higher with the yield curve shifting

around 1bp lower across the curve as Tory rebels look to defeat the government

in the House of Commons on an amendment to the EU Withdrawal Bill. 10-yr Gilt

yield is 0.9bp lower at 1.214%.

- Tory rebels want to add into the Bill that there will be a 'meaningful vote'

on any final Brexit deal which forces the government to go back to negotiations

if it is not approved. Brexit Secretary David Davis has already been on the taps

in an attempt to placate the rebels saying that the UK will not "ratify" the EU

deal without the approval of parliament. The amendment is due to be debated in

parliament this afternoon with vote likely in the evening.

- Looking ahead UK labour Market Survey for Oct will be published at 0930GMT,

with consensus seeing the unemployment rate falling to 4.2% from 4.3% and for

average weekly earnings to rise to 2.5% from 2.2%.

- Attention will then turn to US inflation data at 1330GMT and key Fed FOMC

monetary policy decision at 1900GMT, were a 25bp rate hike is fully priced in.