Treasuries rise on speculation manufacturing slowed

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Source: Bloomberg
© Scanpix/Reuters
U.S. government bonds inched higher on Monday ahead of a report forecast to show U.S. manufacturing fell in September after today's data posted slowdown in manufacturing in Japan, China and Australia. The 10-year yield was at 1.64%, while the 1.625% note maturing in August 2022 traded at 99 29/32.
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Mon, 01 Oct 2012 13:28:40 GMT

Euro higher versus greenback of Spanish optimism

On Moday, the 17-nation currency retreated from a 3-week low versus the greenback on results of Spanish banks stress tests, which were a part of terms that allow winning of the European bailout. The Euro added 0.3% to trade ate $1.2896 by 9:59 a.m. in London. Earlier it lost 0.4%, being traded at $1.2804, which was the weakest since September 11.

Mon, 01 Oct 2012 14:46:42 GMT

U.S. stocks surge ahead of ISM, Bernanke

U.S. stock futures start the fourth quarter of this year on a positive note as traders await the manufacturing data and Ben Bernanke's talk later today. On Monday, Dow Jones futures added 60 points to 13,415. Futures on S&P 500 Index gained 5.6 points to 1,439.80, while those on Nasdaq soared 13.5 points to 2,805.50.

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