German bunds rise as rating agency affirms Netherland's top grade

Source: Bloomberg
Germany's government bunds advanced on Friday session heading for the third weekly increase after the rating agency Standard & Poor's removed debt rating of Portugal from creditwatch affirming the BB rating, while Netherland's top grade was retained at AAA. The benchmark 10-year yields dropped one basis point to 1.77% by 7:23 a.m. in London.

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Fri, 17 Jan 2014 09:38:02 GMT

European stocks advance before U.S. economic reports

The majority of European shares increased on Friday with the local benchmark index heading towards its second weekly gain before a reports from the U.S. showed that the world's largest economy is improving. The Stoxx Europe 600 Index gained 0.2% to 334.76 as of 8:11 a.m. London time with three stocks rising for every one falling.

Fri, 17 Jan 2014 10:07:04 GMT

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