U.K. shares decline after BOE statement

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Associated Press
U.K. shares retreated after the Bank of England stated that it will remain interest rates unchanged until the jobless rate reaches 7%. The FTSE 100 Index slid 0.7% to 6,556.52 as of 10:47 a.m. London time, after adding 0.3%; however, the gauge has increased 8.9% from the lowest level on June 24. The FTSE All-Share Index dropped 0.6% today, while Ireland's ISEQ Index fell 0.5%.
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Wed, 07 Aug 2013 11:49:10 GMT

U.S. bonds climb as Yen and equities spur demand for safer assets

Treasuries gained as the Japanese Yen appreciated to a near seven-week high versus the greenback and equities fell, fueling demand for safer assets as government bonds. Yield on 10-year treasuries lost one basis point to 2.64% as of 11:00 a.m. in London. Both the MSCI Asia Pacific gauge and the S&P 500 declined by 0.6% and 0.4%, respectively.

Wed, 07 Aug 2013 11:27:06 GMT

Euro steady following German industrial output

The common currency remained flat versus the greenback, as industrial output in Germany increased in June. The 17-nation currency appreciated 0.07% to 1.3316 versus the U.S. Dollar, as German industrial output jumped 2.4% in June measured month-over-month, after dropping 0.8% in the previous month. The Euro also retreated 0.23% to 0.8650 versus the Pound.

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