European stocks grow, erasing monthly drop

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Source: Bloomberg
European stocks soared, cutting a three-day drop for the Stoxx Europe 600 Index, while investors awaited U.S. economic growth and unemployment data and also German jobless claims. The Stoxx Europe 600 added 0.6% to 299.72 as of 8:07 a.m. London time, balancing off this month's losses, while the S&P's 500 Index futures advanced 0.3% and the MSCI Asia Pacific Index climbed 0.5%.
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Thu, 29 Aug 2013 09:00:03 GMT

German bunds steady ahead of unemployment data

German 10-year government bunds were steady ahead of data that mayl indicate the unemployment rate in Germany  remained near the two-decade low this month. German 10-year note yielded 1.88% and the 1.5% bond maturing in May 2023 remained at 96.67. The German unemployment rate was unchanged at 6.8% in August.

Thu, 29 Aug 2013 08:38:04 GMT

Sterling gains for second day against Euro following Carney's speech

The Sterling increased for the second day against the common currency as the Bank of England Governor Mark Carney could not persuade investors that the central bank will maintain interest rates at the record low. The Sterling appreciated 0.3% to 85.62 versus the Euro and remained steady at $1.5519 against the greenback.

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