Italian and Spanish bonds rise before Spain auction

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Source: Bloomberg
Italian and Spanish government bonds increased on Thursday as Span set to auction notes due between 2016 and 2023 in total amount of 4.5 billion euro and as Italian lawmakers try to break political deadlock with ballots for the head of the state. Spain's 10-year yields slipper three basis points to 4.65% and Italy'10-year rate declined one basis point to 4.24% on Thursday.

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Thu, 18 Apr 2013 11:44:03 GMT

U.K. retail sales drop more than expected in March

Retail sales in the United Kingdom fell more than originally expected in March mainly due to a decrease in sales of non-food stores, the report released by the Office for National Statistics showed on Thursday. According to the report retail sales slipped sequentially 0.7% in March reversing an increase of 2.1% recorded in the month before, while retail sales were

Thu, 18 Apr 2013 11:55:08 GMT

Won falls amid concerns about global economic recovery

South Korean currency depreciated on Thursday recording its biggest drop in more than a week after demand for riskier assets was reduced amid concerns about weaker global economic recovery, while government bonds increased. The Won declined by 0.5% to 1,123.69 per U.S. dollar in Seoul, the largest fall since April 8, while yields on South Korean 2.75% government bonds due

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