European equity steps lower on Italian bond yield increase

Note: This section contains information in English only.
Source: Bloomberg
The Stoxx Europe 600 Index was lower by 1.3% in the beginning of London trading session on Tuesday. Investors were pessimistic on European stocks, as Italian election increased concern that region's debt crisis might get worse after a potential Silvio Berlusconi reelection. Italian 10-year maturity bond yields surged by 35 basis points.
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Tue, 26 Feb 2013 11:42:03 GMT

Copper demand boosts its price

Significant China's economic growth and boosting demand for commodities, push prices higher, especially copper. This December China needed 4.2 million kilometers of cooper cables, what is enough to circle the globe 100 times. The metal price has surged by 4.4% in 2012 and outperformed the world's equity index, which increased by 3.2%, and main commodities, which gained by 1.3%.

Tue, 26 Feb 2013 11:20:04 GMT

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