German bonds decline on Fed bets after Italian bonds climb

Source: Bloomberg
© Scanpix\AFP
Germany's bunds declined, with 10-year notes falling for the first time in five days, on speculation the Federal Reserve Chairman Ben Bernanke will seek to minimize worries the central bank will scale back its stimulus. German 10-year bond yield climbed two basis points to 1.53% and the 1.5% note maturing in May 2023 dropped 0.145 to 99.725.

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Mon, 17 Jun 2013 11:01:17 GMT

U.K. shares gain for third day in a row

U.K. shares gained for a third straight day before the Fed policy meeting on Tuesday. The FTSE 100 Index advanced 0.6%% to 6,348.12 as of 8:47 a.m. in London; however, the index declined 1.6% previous week on bets that central banks might scale back stimulus. The FTSE All-Share Index also gained 0.6% on Monday, while Ireland's ISEQ Index rose 0.4%.

Mon, 17 Jun 2013 10:39:08 GMT

Japan shares recover after Asia expects Fed meeting

Most Asian stock markets prolonged rises on Monday, with the Japan's shares recovering from the beginning of the week after many major overseas sellers advanced amid the Yen's losses. Nikkei Stock Average rose 2.2% with the benchmark's 1.9% gain on Friday, after declining for three days in a row. The broader Topix increased 2.1%.

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