European shares gain as Stoxx 600 rebounds

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
European shares rose, with the benchmark Stoxx Europe 600 Index surging after Thursday falling the most in approximately one and a half year. The Stoxx 600 advanced 0.3% to 284.49 as of 8:05 a.m. London time after the gauge fell day earlier on worries that the Fed could start tapering stimulus at the end of this year. Standard & Poor's 500 Index futures gained 0.6%.
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Fri, 21 Jun 2013 09:36:59 GMT

U.K. 10-year bond yield jumps to highest level in 15 months amid Fed stimulus tapering

U.K. government gilts declined for the second day, sending 10-year bond yields to a 15-month high, after bets the Federal Reserve will taper asset purchases. The benchmark 10-year bond yield advanced two basis points to 2.31%. The 1.75% gilt maturing in September 2022 declined 0.16 to 95.35. Investors in U.K. bonds have suffered a loss of 2.9% this year.

Fri, 21 Jun 2013 09:18:05 GMT

Manufacturing activity to rise in Philadelphia region

According to the official data, the manufacturing index of Philadelphia's Fed surged to 12.5 points in June. The indicator reached its highest value since April 2011. In May the index was negative with -5.2 points. Analysts predicted the manufacturing activity to increase to -1 point, but still to be negative. The positive indicator shows an advance in manufacturing activity of

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