U.K. retail sales improved in September

Note: This section contains information in English only.
Source: Chicago Tribune
British retail sales rose slightly in September, a sign consumers are showing more willingness to buy, the Confederation of British Industry reported on Wednesday. CBI realized trades rose to 6 in this month, up from -3 in the previous month. A reading above 0 indicates higher sales volume, while any reading below signals lower volume of sales.
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Wed, 26 Sep 2012 14:18:27 GMT

German borrowing costs rose after the auction

Germany failed to raise 5 billion euros of debt in an auction on Wednesday, as investors were reluctant to buy bonds at a record-low yield of 1.5%. Germany sold just €3.951 billion directly to investors, pushing yields on 10-year bonds up to 1.52% from 1.42%. Demand was weak, with bids exceeding supply only 0.79 times, compared to 1.57 at the last auction.

Wed, 26 Sep 2012 11:21:26 GMT

Spain will seek for bailout if yields are too high

On Wednesday, Mariano Rajoy, Spanish Prime Minister, announced that he was ready for bailout package, but only in case his country witnesses too high borrowing costs for too long. Previously, Rajoy had said that a decrease of yields, caused by ECB's bond-buying plan announcement, may possibly allow not to seek for further support.

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