European shares gain as major company shares advance

Source: Bloomberg
© Scanpix/Agence France-Presse
European shares rose for the first time in the last three days as some major companies posted their results. The Stoxx Europe 600 Index gained 0.4% to 299.98 as of 8:15 a.m. London time; however, the equity-benchmark retreated 0.3% previous week as some companies' results missed the expectations.The index has advanced 5.2% in July after the Fed's remarks.
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Mon, 29 Jul 2013 09:08:05 GMT

German bonds steady ahead of Italian, Belgian, French bond sales

German bunds remained flat as Italy, Belgium and France will auction 19.4 billion euros of government bonds today. German 10-year bond yield remained steady at 1.65%, after jumping 15 basis points previous week, adding to signs German bunds declined 1.3% this year. The price of the 1.5% note maturing in May 2023 was 98.515. 

Mon, 29 Jul 2013 08:46:06 GMT

Euro declines before central bank meetings

The common currency dropped against the U.S. Dollar, as investors await policy meetings from the Federal Reserve, European Central Bank and Bank of England, and Monday's home sales data. The 17-nation currency dropped 0.06% to $1.3269 versus the U.S. Dollar and remained steady at 0.8627 versus the Sterling. 

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