Treasuries fall as demand for bonds rises

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Source: Bloomberg
U.S. Treasuries declined on Tuesday completing a three-week increase, their longest streak of gains since September, amid speculation that the economic recovery of the country may have gained its momentum after demand for bonds improved. The benchmark 10-year government bonds added two basis points to 2.84% by 6:52 a.m. London time.

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Tue, 21 Jan 2014 08:45:42 GMT

Pound rises before U.K. business confidence report

The British Sterling strengthened on Tuesday rising towards the highest level in two weeks against the euro-area currency before a report showed that business confidence in the United Kingdom jumped to the strongest level in twenty years in November-January quarter. The Pound added 0.1% to 82.44 pence a Euro by 7:43 a.m. in London.

Tue, 21 Jan 2014 09:51:08 GMT

Yen falls against most currencies on more stimulus

The Japanese currency declined on Tuesday falling against the majority of its most-traded peers after the Bank of Japan began its policy meeting possibly bringing more stimulus this year as it cancelled its plans to increase sales-tax. The Yen slipped 0.3% to 104.53 a U.S. Dollar as of 6:47 a.m. London time and it fell 0.3% to 141.64 a Euro

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