Italian bonds fall, German bunds gain on Fitch

Source: Bloomberg
On Monday, Italian government bonds were traded lower following Fitch's downgrade of the country's sovereign debt credit rating. Yields on 10-year bonds added five basis points and were traded with a yield of 4.65% at 8:35 a.m. in London. The German 10-year bunds, on the contrary, experienced a decline in yields, which fell to 1.50% from 1.52%.

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Mon, 11 Mar 2013 14:48:09 GMT

Indian Rupee slips on deficit concern

The Indian Rupee slipped by 0.4% to 54.4950 per U.S. Dollar in early Mumbai trading session on Monday. That was the biggest loss since 1st of  March, as markets were concerned that slowing capital inflows will make difficult to finance the domestic current-account deficit, which is currently at the record level.

Mon, 11 Mar 2013 19:01:05 GMT

Dow extends its gains on Friday

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