Emerging shares fall to seven-week low amid Syria as Rupee slips

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Source: Bloomberg
© Scanpix\Reuters
Emerging-market shares decreased to the lowest level, driven by Turkey, Egypt and the Philippines,amid worries the U.S. plans to take military action against Syria. The Turkish and Indian currencies depreciated to record low levels. The MSCI Emerging Markets Index retreated 0.8% to 908.32.
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Wed, 28 Aug 2013 15:47:04 GMT

Sterling recovers from two-week low as Carney speaks

The British currency recovered from the lowest level in two weeks versus the U.S. Dollar, as the BoE's chief Mark Carney spoke about the central bank's future plans. The Sterling dropped 0.32% to $1.5498 against the greenback and dropped 0.17% to £0.8654 versus the Euro, and declined 0.19% to 150.25 versus the Japanese Yen.

Wed, 28 Aug 2013 15:25:05 GMT

Treasuries drop ahead of five-year auction today, GDP report tomorrow

Treasuries declined, with five-year bonds snapping a three-day increase, ahead of the U.S. auctions $35 billion of the bonds today. The U.S. five-year bond yield advanced two basis points to 1.55% and the 1.375% security expiring in July 2018 retreated 3/32 to 99 7/32. The 10-year note yield gained to 2.73%.

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