U.S. stock-index futures decline ahead of housing data

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Source: Bloomberg
© Scanpix/Agence France-Presse
U.S. stock-index futures fell, indicating on that the Standard & Poor's 500 Index will snap its biggest one-month advance in almost two years, ahead of nation's house sales data. The S&P's futures expiring in September slid 0.3% to 1,681.7 as of 6:06 a.m. New York time and the equity-benchmark decreased less than 0.1% previous week, paring its longest winning streak.
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Mon, 29 Jul 2013 13:32:05 GMT

Yield difference between bunds and gilts narrows on British mortgage data

The yield spread between 10-year British bonds and German 10-year notes shrank to a one-month low after a report suggested that business lending and mortgage approvals declined in the U.K. In June. Ten-year gilt yield dropped two basis points to 2.32% as of 12:16 p.m. in London, while German equivalents remained almost the same at 13.67%.

Mon, 29 Jul 2013 12:07:06 GMT

Indian equities continue to fall as banks decline

Indian equities fell for a fourth consecutive day after the chairman of State Bank of India, the nation's largest commercial bank, revealed that the Reserve Bank of India might rise cash reserve ratio and interest rates. The State Bank of India dropped to its 18-month low. The Standard & Poor's BSE Sensex gauge closed at 19,593.28, down 0.8%, in Mumbai.

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