German Yield rise on Fed stimulus

Source: Bloomberg
German 10-year yield sunk three basis points to 1.84% as of 10:23 am in London after touching 1.83%, the weakest since October 10 as, according to Fed President Charles Evans, the Federal Reserve is unlikely to start tapering its assets-buying stimulus. The price for 2% security note due in August 2023 added 0.28 to 101.46.
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Fri, 18 Oct 2013 14:35:05 GMT

UK stocks set for weekly advance as China economy accelerates

The UK's benchmark stock index gained for a seventh straight day as China's GDP rose 7.8% in the third quarter, according to National Bureau of Statistics. The FTSE index climbed 19.52 points to 6,595.68 as of 11:32 in London. Prudential Plc, UK's biggest insurer, added 2.9% to 1,249 pence. William Hill slid 3.2% to 403.5 pence. Spectris Plc advanced 1.1%

Fri, 18 Oct 2013 11:25:07 GMT

Loonie touches 2-week high on Fed stimulus optimism

The so-called loonie appreciated 0.4% to C$1.0289 per US Dollar at 5 pm in Toronto, reaching C$1.0281, the highest since September 30, amid optimism Federal Reserve will maintain monetary stimulus and delay any reductions, while borrowing limit and extended government funding deadlines are postponed until next year. The Australian currency is traded at 97.19 US cents.

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