S&P 500 climbs most in five weeks; Dollar falls

Source: Bloomberg
The Standard & Poor's 500 Index reached its five-week high, while Treasuries advanced and the US Dollar fell, when weaker than expected economic data reinforced the view the Fed may not hike interest rates as previously anticipated. The S&P 500 rose 1.4% as of 4 p.m. in New York, touching to the highest level since February 3.

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Tue, 17 Mar 2015 12:53:03 GMT

European stocks drop on German confidence outlook

European stocks fell after the German confidence grew less than it was estimated. The Stoxx Europe 600 Index lost 0.3% to 399.08 as of 10:01 a.m. London time, after the earlier 0.2% gain and the gauge closed at its strongest point since June 2007 yesterday. German investor confidence climbed from 53 to 54.8 in February, compared to the economists' forecast

Fri, 13 Mar 2015 14:41:03 GMT

UK bonds head for biggest rally this week on ECB's QE

Government bonds in the UK set for their weekly gain, with 10 yields falling the most within this year, since the ECB's plan to start 1.1 trillion-euro bond purchasing programme pulled down rates in Europe. UK 10-year bonds dropped on Friday, enhancing the yield by 0.04%, or 4 bps, to 1.78% at 9:42 a.m. in London.

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