European markets steady ahead of ECB and BoE meetings

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Source: Marketwatch
On Thursday, the stocks on European markets were almost unchanged ahead of the  ECB and the Bank of England meetings as well as Spain and Ireland's auctions. Traders awaited freash easing measures from the ECB and BoE. The Stoxx Europe 600 index stood at 257.41, with financials, oil, food and drug sectors facing strong pressure.
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Thu, 05 Jul 2012 12:03:39 GMT

Demand for German goods rises

Orders for German factories unexpectedly rose in May. Demand mainly came from Europe and an increase was equal to 0.6% compared to April indicators. Investment goods sales rose by 0.2%, whereas orders from EU jumped by 11%. Experts attributed an increase to active exporting and record low unemployment rate in Germany. Meanwhile  the ECB may cut interests rates on Thursday 04.07.2012 to stimulate lending and

Thu, 05 Jul 2012 16:28:41 GMT

US treasuries grew ahead of key labour data

Treasuries grew, boosting benchmark yields to 15 basis points ahead of the key job reports due later in the week. The Federal Reserve expresses its intentions to purchase about USD5.5 billion of US government securities in a period between August 2020 and May 2022. Benchmark 10-year yields lost 4 basis points to 1.59% in London, reported Bloomberg Bond Trader data.

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