German bonds advance, while Portugese falls

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Source: Bloomberg
© Scanpix/Reuters
Yields on 10-year German government bonds decreased for a third consecutive day after two Portuguese ministers resigned amid growing opposition to austerity. The yields on bunds fell 3 basis points to 1.67%, while similar maturity Portuguese bonds dropped, increasing the yield 33 basis points yesterday. The moves come before euro region's growth data, which is expected to show a contraction.
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Wed, 03 Jul 2013 09:24:17 GMT

Emerging markets stocks fall amid slowing growth in China

Developing countries' share prices fell and are headed for the biggest decline in more than 7 days amid slowing growth in Chinese service industries and increasing oil prices. China's report showed that service industries' purchasing mangers' index dropped to 53.9 last month, the lowest point since September, while oil rose due to unrest in Egypt. The MSCI Emerging Markets Index

Wed, 03 Jul 2013 08:03:22 GMT

European stock futures drop amid rising oil

European stock future retreated as crude oil price jumped above $100 a barrel amid increasing political unrest in Egypt and Portugal. Euro Stoxx 50 futures expiring in September decreased 0.9% to 2,574, while similar contracts on FTSE 100 Index dropped 0.8%. U.S. stock futures and Asian shares declined as well. The Stoxx 600 Index decreased 0.4% yesterday as U.K. data

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