Italian borrowing costs fell on Tuesday

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Source: Forexpros
After Italy has raised 3.75 billion euros on Tuesday at a sale of sovereign debt, nation's borrowing rates fell sharply from previous levels.  The rate on return earned by buyers of Italian government bonds due to mature in 2014 dipped to 3.064 per cent from 4.86 per cent at the last similar auction on July 26.
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Tue, 28 Aug 2012 19:12:07 GMT

German Gfk consumer climate unchanged last month

German Gfk consumer sentiment indicator remained unchanged for September at 5.9, from 5.9 in the previous month. In the meanwhile, analysts predicted German leading indicator of consumer spending, which represents overall economic activity, to fall by 0.1 to 5.8.

Tue, 28 Aug 2012 18:50:08 GMT

Hong Kong trade balance fell in July

According to the Hong Kong Census and Statistics Department's report, made on Tuesday, Hong Kong's trade balance in July showed a deficit of 40.1 billion Hong Kong dollars, after a deficit of 44.71 billion in the preceding month. In the meanwhile, analysts had predicted Hong Kong's trade balance to decline to -48.6B in July.

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