Emerging-markets stocks gain to 2-week high on US debates

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Source: Bloomberg
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Emerging-markets stocks gain to 2-week high on US debates
Emerging-market equities advanced on Thursday rising to the highest level in two weeks as investors were optimistic about a new debt limit agreement between the U.S. President Barack Obama and congressional lawmakers to avoid a default. The MSCI Emerging Markets Index gained 0.7% to 1,013.08 as of 10 a.m. New York time, mainly due to an increase of Polish lenders.

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Thu, 10 Oct 2013 15:54:04 GMT

German bunds fall as U.S. lawmakers discuss short-term increase in debt limit

German government bunds decreased on Thursday falling for the third straight day together with Treasuries amid signs that the U.S. government shutdown may come to an end as lawmakers debate over the short-term increase of the debt limit. The German benchmark 10-year bund yielded at 1.88%, up six basis points as of 2:54 p.m. London time, the most since September

Thu, 10 Oct 2013 15:31:03 GMT

Greek manufacturing slumped in August

Industrial production in Greece declined 7.2% in August of 2013 on the annual basis, while in July the output posted a contraction of 7.7%. On the monthly basis, the index dropped 11% after a 0.2% rise in July. According to the data, all majors industrial sectors registered a decline. Moreover, quarrying and mining sector plunged 16.4% from the previous year,

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