U.K. equities decline from a 7-week high as ARM falls

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Source: Bloomberg
© Scanpix/AP
U.K. stocks dropped from a 7-week high after Microsoft Corp. and Google Inc. showed worse-than-expected earnings in the second quarter. ARM Holdings Plc that designs chips for Google's software devices fell 2.7% to 896.5 pence. The company's half-year earnings will be published on July 24. The FTSE 100 gauge slipped 0.5% to 6,604.06 as of 1:55 p.m. London time.
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Fri, 19 Jul 2013 15:23:04 GMT

Italian bonds rise as Minister survives confidence vote

Italian bonds climbed for a second consecutive day after the Interior Minister A. Alfano survived a confidence vote in the Senate, muting investor concern about the nation's ruling coalition coming apart. Yield on Italian 10-year bonds declined one basis point to 4.4% as of 2:07 p.m. in London, after hitting 4.36%, the lowest rate since July 11.

Fri, 19 Jul 2013 14:30:06 GMT

Canadian Dollar little changed after report on inflation

Canadian Dollar was little affected by the country's inflation data released today. The Consumer Price Index climbed 1.2% from year ago following a 0.7% increase in May, according to Statistics Canada report. The loonie rose 0.05% to C$1.0381 versus the greenback after the report was published. Against the Euro, the Dollar declined 0.11% to C$1.3620.

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