German bunds jump for third day following consumer-confidence data

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Source: Bloomberg
© Scanpix\AFP
German 10-year government bunds advanced for the third day as data indicated the index of consumer sentiment in Germany will decrease for the first time in eight months next month. German 10-year note yield retreated two basis points to 1.83% and the 1.75% bund maturing in May 2023 inched up 0.16  to 97.10. 
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Wed, 28 Aug 2013 12:19:03 GMT

European shares drop amid Syria worries; Accor slips

European shares decreased to almost the lowest level in six weeks as worries expanded the U.S. plans to undertake military action in Syria. The Stoxx Europe 600 Index declined 0.4% to 297.78, the lowest level since July 18. Accor SA retreated 2.8% after releasing first-half profit against analysts' expectations.

Wed, 28 Aug 2013 11:57:03 GMT

Dollar jumps as emerging-market assets fall on Syria worries

The U.S. Dollar appreciated versus most of its 16 major peers after unrest situation in Syria intensified and pushed developing-country currencies lower. The U.S. Dollar Index appreciated 0.3% to 1,027.54, while the greenback rallied 0.6% to 97.57 against the Yen and inched up 0.1% to $1.3380 versus the Euro. 

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