U.K. bonds slip as economy improves

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Source: Bloomberg
Government bond in the United Kingdom dropped on Thursday snapping its four-day gain after an industry report showed that house prices advanced in October suggesting that the domestic economy is improving. The government benchmark 10-year yields climbed 2 basis points to 2.56% as of 8:53 a.m. in London following a drop to 2.54% yesterday.

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Thu, 31 Oct 2013 12:52:03 GMT

European shares are little changed as earnings offset Fed's stimulus

European shares fluctuated on Thursday with the benchmark local index heading towards a monthly increase after a report showed better-than-forecast earnings offsetting concerns that the U.S. Fed may reduce bond purchases earlier than predicted. The Stoxx Europe 600 Index slipped 0.1% to 320.68 as of 9:55 a.m. London time and it has rallied 3.3% in October.

Thu, 31 Oct 2013 12:30:09 GMT

Italy's jobless rate surprisingly rises in September

Unemployment rate in Italy grew slightly in September despite economists' expectations of a decrease, the latest report revealed by the statistical office Istat showed on Thursday. According to the report the country's jobless rate increased from 12.4 in August to 12.5% in the following month, while initial forecast showed a drop to 12.3%.

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