German Bunds tumble as Irish, Portuguese bonds climb

Note: This section contains information in English only.
Source: Bloomberg
Germany's 10-year bonds dropped for a second day after notes issued by its lower-rated counterparts climbed on optimistic speculation the Eurozone crisis will be solved soon. Germany's 10-year note yield surged to 1.56%. Ireland's 9-year bond yield fell below 6% first time since October 2010. Meanwhile Portugal's 10-year yield dropped to the lowest in 15 months.
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Tue, 21 Aug 2012 19:16:48 GMT

Gold gains on weaker Dollar

Gold edged up after the U.S. Dollar cut rise against its major counterparts. On Tuesday, December-delivery gold rose $4.60 to $1,627.60 per ounce. Holdings of SPDR Gold Trust, the world's major gold-backed exchange-traded reserve, held stable at 1,274.74 tons. Silver price was increasing and platinum continued decline in morning deals.

Tue, 21 Aug 2012 17:26:48 GMT

German equities move higher after Spain's debt sale

German stocks jumped on Tuesday on positive news from Spain. Spanish yield on 12- and 18-month bills declined to 3.07% and 3.34% at the debt sale on Tuesday. Currently, the markets are quiet as traders await meetings between the EU leaders to resolve the crisis in the region. The German DAX Index added 0.38% to trade at 7,059.89 at GMT

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