Silver drops amid profit-pocketing after touching 3-month high

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\Reuters
Silver future prices declined about 2% in an early trade after investors booked profits as the metal touched the highest level in three months yesterday, as well as the uncertainty over stimulus tapering in the U.S. pushed silver lower. Silver plummeted 1.25% to $22.875 per ounce, after reaching $23.150 per ounce in the previous day.
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Tue, 20 Aug 2013 10:29:55 GMT

German bunds gain ahead of Euro block production data, Fed minutes

German 10-year bunds advanced, sending yields lower from nearly 17-month high, as investors expect Euro block's production report and the Federal Reserve meeting minutes later this week for signals on when bond purchases will be reduced. German 10-year bond yield fell four basis points to 1.85% and the 1.5% note maturing in May 2023 gained 0.375 to 96.875.

Tue, 20 Aug 2013 10:40:05 GMT

Euro jumps to new highs as Dollar falls

The 17-nation currency advanced versus the greenback as concerns over the Federal Reserve's bond purchase tapering outweighed the lower-than-forecast expansion in German producer prices. The common currency rose 0.28% to $1.3373 against the Dollar and gained 0.16% to 0.8535 against the Sterling, while declined 0.03% to 130.05 versus the Yen.

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