German bunds rise as safe-haven demand increases

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Source: Bloomberg
Germany's government bunds increased on Friday trading session with the benchmark 10-year yields recording the weakest level in almost three months as turmoil in some emerging markets boosted demand for safe-haven assets. The benchmark 10-year yields dropped two basis points to 1.69% as of 8:11 a.m. in London following a slide to 1.68%, the least since November 7.

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Fri, 24 Jan 2014 11:11:15 GMT

European shares fluctuate head for weekly drop

European equities were little changed on Friday trading session with the benchmark index Stoxx Europe 600 heading towards a weekly fall after falling by the most in seven weeks yesterday after a report showed a slow-down in China's manufacturing activity. The Stoxx Europe 600 Index gained 0.1% to 332.99 as of 8:06 a.m. London time.

Fri, 24 Jan 2014 10:49:05 GMT

Spanish producer prices gain in December

Spain's producer prices increased on an annual basis in December rising for the first time in a three month period, a report published by the statistical office INE showed on Friday. According to the report, the country's producer prices rose 0.6% in December after recording drops in November and October of 0.5% and 0.2% respectively.

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