Italian bonds surge as new Renzi cabinet to be formed

Source: Bloomberg
Government bonds of Italy jumped along with Portuguese and Spanish securities, as analysts think that a new Matteo Renzi's government will accelerate the pace of economic reforms. Experts see that Renzi will probably be more active than Enrico Letta was. On these news, 10-year Italian yields fell 0.04% to 3.64%, reaching the lowest level since February 2006.
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Mon, 17 Feb 2014 11:13:38 GMT

European shares climb after best weekly advance this year

European shares climbed after posting their biggest one-week advance this year, while U.S. stock-index futures and Asian stocks advanced. The Stoxx Europe 600 Index added 0.4% to 334.71 as of 10:21 a.m. London time. Standard & Poor's 500 Index futures increased 0.2%, and the MSCI Asia Pacific Index rose 0.7%. 

Mon, 17 Feb 2014 10:43:39 GMT

Silver set to record longest gain since 1968

Precious metals mostly increased on Monday session with silver heading towards the longest winning streak since 1968 after a government report showed that China's bank lending rose spurring demand for commodities. Silver for February delivery gained 2.2% to $21.9791 an ounce, platinum jumped 0.5% to $1,434.25 an ounce and palladium added 0.6% to $742 an ounce.

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