Treasuries fall on budget agreement

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Source: Bloomberg
U.S. Treasuries declined on Wednesday ending a three-day increase on speculation that the agreement over U.S. budget may help the nation's economy supporting the Federal Reserve's decision to trim its bond-buying program on the next policy meeting. The benchmark 10-year yields traded at 2.81% by 7:10 a.m. London time.

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Wed, 11 Dec 2013 15:00:15 GMT

Japanese machinery orders rise slightly in October

The total amount of new orders for machinery in Japan increased 0.6% in October of 2013 on a monthly basis, as the demand advanced before the upcoming sales tax rise in the next year. The indicator for September, in turn, fell 2.1%. The total value of orders climbed to around 800 billion yen. It is worth pointing out that on

Wed, 11 Dec 2013 10:32:03 GMT

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The Australian Dollar dropped on Wednesday snapping its four-day increase, the largest winning streak in a seven-week period before a government report showed that unemployment in the country reached the highest figure since 2009. The so-called Aussie shed 0.1% to 91.44 U.S. cents by 11:19 a.m. Sydney time following an increase of 1.4% in the prior four sessions.

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