European bond yields decline on the central banks action

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/FP

After global central banks announced they would take a coordinated action in order to boost liquidity in the financial system bond yields across Europe declined. Yield on 10-year bonds in Italy declined by 6 basis points to 7.03%, those in Spain fell by 9 basis points to 6.30% and those in Belgium decreased by 24 basis points to 5.12%.

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Wed, 30 Nov 2011 17:35:56 GMT

Libya renewed oil production

Libyan oil production was severely impacted by civil war occurred earlier in 2011. Before the unrest Libya, the country with world eighth largest oil reserves, has been producing more than 1.6 million barrels a day. At the moment Libya has restarted its oil production that stands at the level of 750,000 barrels a day, reported Libya's National Oil Corporation.

Wed, 30 Nov 2011 17:32:30 GMT

Canadian stocks gain on actions of the global central banks

Canadian stocks have increased for third consecutive day as investors gain more confidence after the global banks decided to boost liquidity to financial system. Moreover, the higher than expected GDP growth in Canada contributed to market sentiment. GDP grew by 3.5% in Q3 as compared with 3% projected. Toronto's benchmark S&P/TSX Composite Index gained 2.3%, to 11,997.57. Canadian currency increased against USD by 1.5% to

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