Consumers in Japan expect 3% inflation

Note: This section contains information in English only.
Source: Bloomberg
Japanese consumers expect inflation to rise 3% in the next 12 months in June, indicating that country's reflationary policies might be working. The survey excludes the effect of a planned 3% increase in sales tax. The monetary stimulus is expected to increase spending and borrowing, however, the central bank has not yet achieved its target of 2%.
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Fri, 05 Jul 2013 11:25:05 GMT

Treasuries decline second day as economists say unemployment rate slipped

Treasuries decreased for the second day ahead of the government data that economists predicted will indicate U.S. employers added jobs in June and the unemployment rate declined. The benchmark 10-year note yield jumped two basis points to 2.53% and the 1.75% bond maturing in May 2023 retreated 6/32 to 93 1/4.

Fri, 05 Jul 2013 10:43:05 GMT

German shares rise

German shares advanced, prolonging yesterday's biggest rise for the DAX Index in almost three months, ahead of U.S. non-farm payrolls data that may impact the Fed's monetary stimulus. The DAX gained 0.2% to 8,012.65 as of 9:46 a.m. Frankfurt time, prolonging its climb in the previous two days to 2.3%, while the HDAX Index rose 0.2% today.

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