German manufacturing data pushes stocks upwards

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
German stocks rose after 3 days of losses after reports showed that manufacturing expansion was bigger-than-expected. The index increased to 50.3, the first expansion in the industry since February, while experts predicted the value of 49.2. An index for German service industry jumped from 50.4 to 52.5, while median estimate was 50.7. The DAX and HDAX Indexes both climbed 0.5%.
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Wed, 24 Jul 2013 11:25:05 GMT

Gilts drop before manufacturing report

10-year British government bonds fell for a second consecutive day before a report, which is expected to show an improvement in country's manufacturing industry. The gauge is expected to rise from 48.8 to 50.1 in July, while median estimate is a rise to 49.1. Yield on 10-year Gilts rose 6 basis points to 2.36% so far today after reaching 2.37%

Wed, 24 Jul 2013 11:03:05 GMT

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