Bunds rise ahead of Eurozone services, industry reports

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Source: Bloomberg
German bonds surged on Wednesday ahead of a report expected to show a 39-month low output in euro area's services and manufacturing industry. The 10-year yield lost 2 basis points to 1.43%, while the 1.5% note maturing in September 2022 added 0.195 to 100.59. The 2-year yield was little changed at 0.04%.
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Wed, 03 Oct 2012 09:21:48 GMT

U.K. services sector expand less than forecast in September

U.K. service sector output advanced at a weaker-than expected rate in September, as economy posted the first net decline in employment in last ten months, Markit Economics said on Wednesday. The seasonalized Services Purchasing Managers Index dropped 1.5 points to 52.2, compared to 53.7 in August. Analysts had forecast a reading of 53.1."With no Bank Holidays until Christmas and the

Wed, 03 Oct 2012 10:16:45 GMT

Oil falls amid U.S. inventories, China outlook

Oil tumbled for a second day on Wednesday as U.S. crude inventories jumped for the fourth consecutive week and China consumer sentiment slipped. November-delivery oil lost 46 cents to $91.43 per barrel in New York and traded at $91.44. Same month Brent oil declined 0.06% to $110.90 per barrel in London.

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