Yield difference between bunds and gilts narrows on British mortgage data

Source: Bloomebrg
© Scanpix/Reuters
The yield spread between 10-year British bonds and German 10-year notes shrank to a one-month low after a report suggested that business lending and mortgage approvals declined in the U.K. In June. Ten-year gilt yield dropped two basis points to 2.32% as of 12:16 p.m. in London, while German equivalents remained almost the same at 13.67%.
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Mon, 29 Jul 2013 13:43:05 GMT

U.S. Dollar little changed before before Fed meeting

The greenback remained at the same level as Friday's closing price before the opening of New York trading week and before a release of FOMC statement. The statement most likely will show no changes in bond purchases. The greenback gained 0.06% to $1.3269 versus the Euro at 12 p.m., while against the British Pound it appreciated 0.08% to $1.5370. The

Mon, 29 Jul 2013 13:13:05 GMT

U.S. stock-index futures decline ahead of housing data

U.S. stock-index futures fell, indicating on that the Standard & Poor's 500 Index will snap its biggest one-month advance in almost two years, ahead of nation's house sales data. The S&P's futures expiring in September slid 0.3% to 1,681.7 as of 6:06 a.m. New York time and the equity-benchmark decreased less than 0.1% previous week, paring its longest winning streak.

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