U.K. mortgage approvals fall unexpectedly in February

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Source: RTT News

Mortgage approvals for house purchases in the United Kingdom surprisingly decreased in the month of February, when it dropped from January's 31,983 to 30,506, the British Bankers' Association showed in a report on Monday. The report also said re-mortgages rose from 15,184 in January to 15,980 in February, while other secured borrowing slipped to 8,914 in February from 9,429 the month before.


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Mon, 25 Mar 2013 13:43:08 GMT

Italy's consumer confidence index drops in March

The Italian consumer confidence index fell in the month of March from the level of 86 recorded in February to 85.2 the following month, the statistical office Istat showed in a report on Monday. The report showed the economic climate index dropped from 72.7 in February to 68.8 in March, while the personal climate index slipped to 91.4 from February's

Mon, 25 Mar 2013 13:21:08 GMT

Spanish and Italian 10-year yields fall amid agreement in Cyprus

Spanish and Italian bonds advanced for the fourth straight session on Monday after the Cypriot's lawmakers agreed on a new financial package for its faltering economy increasing demand for Eurozone's assets with higher yields. 10-year Italian yields dropped 0.08 percentage points to 4.43%, while Spanish 10-year yields fell 0.05 percentage points to 4.81% earlier on Monday.

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