Euro block economic sentiment grows in July

Source: RTTNews
© Scanpix\Reuters
Euro area's economic sentiment appreciated in July, pushed higher by increased sentiment among consumers and managers in the industry, services and retail trade. The economic sentiment index inched up from 91.3 in last month to 92.5 in July, in line with economists predictions. Confidence in the industrial sector climb to -10.6 and in services sector to -7.8 in July.
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Tue, 30 Jul 2013 10:40:06 GMT

Greenback rises together with European stocks

The U.S. Dollar jumped from a 5-week low, while stocks rose after better-than-expected European economic and companies' earnings data. The FTSEurofirst 300 gauge appreciated 0.2%, while Germany's DAX, France's CAC 40 and Britain's FTSE rose 0.2-0.3%. The MSCI world equity index gained 0.2%, led by European stocks.

Tue, 30 Jul 2013 11:35:06 GMT

Italian bonds rise after an auction

Italian government securities rose after a EUR 6.75 billion debt auction as benchmark yield dropped from the highest point in a week. The yield on 10-year Italian government bonds dropped 4 basis points to 4.41% after increasing 14 basis points in the past 5 days. German bunds were virtually unchanged as data showed that economic confidence in the region improved.

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