U.K. bonds sank on Fed taper concerns

Source: Bloomberg
U.K. government ten-year gilt yields climbed 0.08% to 2.81% as of 10:55 a.m. in London, after to Federal Reserve signalled, in its minutes of October 29-30 meeting, to cut monetary stimulus in nearest future as economic data continues to show ongoing improvement. The 2.25% security note due in September 2023 slipped 0.62 per 1.000 Pound par value, to 95.255, while the five-year yields rose 0.06% to 1.57%, after touching 1.58%, the strongest since November 14.
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Thu, 21 Nov 2013 14:52:11 GMT

U.K. manufacturing Q4 data set for best performance since 1995

The Britain's manufacturing output in the first 2 months of Q4 was growing at its fastest pace since January 1995, and is expected to improve around 0.9% in final quarter, the CBI Industrial Trends Survey revealed. More than one-third of firms said that total amount of orders books were higher than usual in November, while one-fourth reported a balance at

Thu, 21 Nov 2013 14:22:09 GMT

Euro little changed amid positive German PMI data

The 17-nation shared currency declined 0.1% to $1.3424 after the release of disappointing French PMI, which showed further decline to 47.8 point in manufacturing area and 48.8 in services sector, while an optimistic German manufacturing activity figures helped the currency to avoid bigger losses. German manufacturing PMI improved 0.8 point to 52.5 in November, while service sector rose to 1.6

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