Spanish and Italian bond yields decline after G-20 meeting

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Source: BBC
Italian and Spanish bond yields have declined after G-20 summit participants hinted that Eurozone members have to lower borrowing costs in the single currency union. However, G-20 leaders provided no further details on the issue. The yields on Spanish and Italian 10-year sovereign bonds dropped to 6.96% and 5.85%, respectively.

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Wed, 20 Jun 2012 13:41:00 GMT

Gold futures almost flat ahead of Fed decision

Gold prices were slightly lower in European session on Wednesday ahead of key decision from the Fed due later in the day. Traders also eye developments across Greece‘s and Spain's economic situations. COMEX gold August contract traded at 1,618.25 US Dollars per troy ounce on the New York mercantile Exchange, inching down by 0.3%.

Wed, 20 Jun 2012 12:44:00 GMT

Nikkei 225 rallies along with US markets

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