German shares slip as retail sales drop

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\AFP
German shares decreased, prolonging the benchmark DAX Index's monthly fall, on an unexpected plummet in retail sales and concerns about potential U.S. military strikes against Syria. The DAX retreated 0.6% to 8,146.45, extending it's weekly loss to 3.6%. Germany's retail sales slipped 1.4% in July from the previous month.
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Fri, 30 Aug 2013 13:44:07 GMT

German bonds rise as retail sales sink

German government bunds increased for the second day as data indicated retail sales in Germany unexpectedly plummeted in July, boosting demand for safer assets. The German 10-year bund yield slipped one basis point to 1.84% and the 1.5% note maturing in May 2023 inched up 0.115 to 96.985, while Germany's retail sales retreated 1.4% from June.

Fri, 30 Aug 2013 13:22:04 GMT

European stocks fell, set to close week lower

European shares declined on Friday, headed towards a weekly decline, on concerns over expanding conflict in Syria. The European Euro Stoxx 50 decreased 0.64% to 2,740.09, with Herman DAX 30 falling 0.58% to 8,147.13 and the French CAC 40 slipping 0.58% to 3,963.81. The U.K. FTSE 100 plummeted 0.43% to 6,454.30. 

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