Treasuries erase today's gain before Fed's speech

Note: This section contains information in English only.
Source: Bloomberg
The Treasuries erased gains as investors speculated that two Fed speakers might provide insights about the central bank's policy stance on monetary stimulus before the labor market data to be announced on July 5, which is expected to show that the U.S. economy added 165,000 jobs. The yield on 10-year Treasuries increased to 2.48% from 2.45% earlier today.
Back to articles

Actual Topics

Tue, 02 Jul 2013 14:59:12 GMT

U.K. manufacturing and mortgage approval data shows recovery

High growth in U.K. manufacturing and better-than-expected mortgage approval data indicated that British economy might be recovering. Factory output gauge advanced to 52.5 in June from 51.5 a month earlier – the highest growth in two years, while experts predicted the index to show 51.4. Mortgage approvals data showed the biggest number of home loans recipients since 2009.

Tue, 02 Jul 2013 14:20:19 GMT

Pound falls, while gilts advance due to higher demand in an auction

The 10-year gilts advanced due to higher demand in a 3.5 billion-Pound auction. Investors demanded 1.76 times worth the securities offered, compared to 1.52 times the last time an auction was held. The yield on 10-year gilts dropped 3 basis points to 2.38%. The Sterling slid 0.3% to 1.5169 per U.S. Dollar and was little changed against the Euro as

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.