Most of developing-market stocks fall on China's data

Source: Bloomberg
© Scanpix/AP
Most emerging-market equities declined as data indicates contraction in Chinese manufacturing and India's central bank decided to support the weakening Rupee by restricting banks' access to cash. MSCI Emerging Markets gauge dropped 0.1% to 986.66 as of 2:10 p.m. London time. The Shanghai Composite Index decreased 0.5%.
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Wed, 24 Jul 2013 15:56:06 GMT

U.K. bonds falls as manufacturing index climbs

Ten-year gilts declined as indexes of British and Eurozone manufacturing increased and as economists expect that tomorrow's report will show accelerating growth in the second quarter. Yield on 10-year bonds advanced 0.09 percentage points to 2.4% as of 3:26 p.m. in London. Manufacturing gauge gained from 48.8 in June to 50.1 in July, exceeding analysts' expectation of 49.1. 

Wed, 24 Jul 2013 13:42:13 GMT

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