Australian Dollar gains to highest in one month on China data

Source: Bloomberg
The Australian Dollar gained to the strongest level in approximately a month as China stated that new credit reached record high in January, indicating that nation's economy will maintain positive momentum. The Aussie added 0.2% to 90.56 U.S. cents at 5:09 p.m. Sydney time and reached 90.69, the strongest level since January 13, while it was little changed at 92.01 Yen.
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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 11:12:35 GMT

Italian bonds surge as new Renzi cabinet to be formed

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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