German bonds climb on Dutch political turmoil

Note: This section contains information in English only.
Source: Bloomberg
German bunds advanced sharply on Monday and benchmark 10- year yields dropped as a resistance against austerity measures faltered Dutch government. The borrowing costs for Dutch 10-year notes soared 11 basis points to 2.43%, record high since March 2009, while 10-year yield for German bills fell 7 basis points to 1.64%. The 5-year bund dropped to 0.601%.
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Tue, 24 Apr 2012 07:04:26 GMT

Oil fluctuates close to two-session low ahead of supplies data

Crude traded close to two-day low in New York as investors awaited data release which is expected to show supplies in US advanced to 11-month record high. June crude was little changed at USD 102.87 per barrel after dropping 0.7% yesterday. Brent oil to be delivered in June slipped USD 0.11 to USD 118.60 per barrel. 

Tue, 24 Apr 2012 06:42:28 GMT

Spain's GDP declines for a second quarter

Spanish economy contracted for a second straight month, Bank of Spain reported on Monday. Country's GDP dropped 0.4% in the 1st quarter and slipped 0.5% on annual basis. The official gauge will be delivered by The National Statistics Institute on April 30. Nation's government expects a 1.7% declined in the economy this year.

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