Spanish and Italian 10-year yields fall amid agreement in Cyprus

Source: Bloomberg

Spanish and Italian bonds advanced for the fourth straight session on Monday after the Cypriot's lawmakers agreed on a new financial package for its faltering economy increasing demand for Eurozone's assets with higher yields. 10-year Italian yields dropped 0.08 percentage points to 4.43%, while Spanish 10-year yields fell 0.05 percentage points to 4.81% earlier on Monday.


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Mon, 25 Mar 2013 13:32:07 GMT

U.K. mortgage approvals fall unexpectedly in February

Mortgage approvals for house purchases in the United Kingdom surprisingly decreased in the month of February, when it dropped from January's 31,983 to 30,506, the British Bankers' Association showed in a report on Monday. The report also said re-mortgages rose from 15,184 in January to 15,980 in February, while other secured borrowing slipped to 8,914 in February from 9,429 the

Mon, 25 Mar 2013 13:10:10 GMT

Copper falls amid weakened demand for metals after China's inflation speculations

Copper traded in London decreased on Monday as a result of weaker demand amid speculations that the Chinese government will increase its interest rates in order to slow down the country's inflation which reached a 10-month high for the first time since 2011. Copper for June delivery dropped 0.2% to $7,643.50 a metric ton earlier on Monday session, but it

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