Euro steadies as BoE keeps rates stable

Note: This section contains information in English only.
Source: Reuters
The 18-nation bloc currency held steady versus its U.S. counterpart on Wednesday and it rebounded from the weakest level in sixteen months against the British Sterling after the Bank of England decided to maintain its interest rates unchanged. The Euro was traded at $1.3710 after falling to $1.36885 yesterday, while it was last seen at 81.75 pence.

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Wed, 14 May 2014 16:18:04 GMT

U.S. shares rise after reaching new highs

Wall Street opened lower on Wednesday trading session as risk appetite of investors improved after the benchmark indexes recorded their new all-time highs yesterday. The Standard & Poor's 500 Index added 0.10% to 1,895.62, the Dow Jones industrial average gained 0.11% to 16,697.81 and the Nasdaq Composite index surged 0.28% to 4,118.68.

Wed, 14 May 2014 15:56:05 GMT

European bonds gain as ECB rate cut is highly expected

The majority of government bonds across the Eurozone increased on Wednesday pushing the benchmark 10-year yields towards record lows amid speculation that the European Central Bank may cut its interest rates next month on the policy meeting. The German 10-year bunds yields fell to the weakest level in one year of 1.38%, while the Italy's 10-year yields dropped to 2.90%.

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