Germany sells five-year notes

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Source: Marketwatch

Germany sold 4.09 billion euros of notes maturing in five years with an average 1.11% yield. The Bundesbank, the responsible institution for conducting government's auction, announced it got 8.67 billion euros bids for the notes. The Bundesbank has set aside 910 million euros for secondary market operations made by Finance Agency.

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Wed, 07 Dec 2011 13:44:57 GMT

US stock futures increase

US stock futures increased on hopes for progress in the euro-zone debt crisis resolution. Futures on the Dow Jones Industrial Average gained 58 points to 12,170, those of the Standard & Poor's 500 index increased by 6.10 points to 1,261 while Nasdaq 100 futures added 10 points to 2,331.

Wed, 07 Dec 2011 14:58:11 GMT

UK Manufacturing output drops in October

UK industrial output declined more than was previously predicted by economists as escalating European debt crisis hurt demand for UK's export goods. Factory output lost 0.7% compared to September which is the biggest drop since April, said Office for National Statistics today. On yearly basis, however, manufacturing output added 0.3%.             

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