Sterling halts two-day decline versus Euro

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Source: Bloomberg
The British currency halted a two-day retreat versus Eurozone's currency after Bank of England Governor Mark Carney stated that nation's central bank will support the recovery. The Sterling was at 82.61 pence per Euro at 3 p.m. in London, after trading at 82.67 pence on February 21. U.K.'s currency was little changed at $1.6602, after falling 0.8% against the greenback last week.
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Mon, 24 Feb 2014 16:15:42 GMT

U.K. shares little changed as HSBC misses forecasts

U.K. shares were little changed, as they reached the highest level in nine months, after HSBC Holdings Plc poster worse than forecasted profit. The FTSE 100 Index added less than 0.1% to 6,842.22 as of 3:30 p.m. London time and the index rose for sixth consecutive day. The FTSE All-Share Index climbed 0.1%, while Ireland's ISEQ Index increased 0.5% today.

Mon, 24 Feb 2014 16:03:33 GMT

Italy's bonds fall as inflation in Eurozone quickens

Italian benchmark 10-year government bonds declined on Monday after a report showed that inflation in the 18-nation bloc increased more than economists originally expected and as German business confidence advanced. The 10-year yields jumped one basis point to 3.61% as of 3:09 p.m. in London following a drop to 3.53% on February 19, the least since January 2006.

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