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* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
Sterling rose 0.1% to $1.3522 after July UK GDP data came in above consensus: monthly GDP +0.4% and annual GDP +1.6%.
Monthly GDP (3M/3M): 0.4% (est 0.3; prev 0.4%)
The British pound falls below $1.35 as UK GDP rises 0.4% quarter-on-quarter in Q2 and June monthly GDP increases 0.3%, while stalled US-Iran talks over the Strait of Hormuz weigh on sentiment.