Treasuries drop as Fed may taper off

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Source: Bloomberg
U.S. Treasuries declined on Tuesday trading session amid speculation that the U.S. Federal Reserve may curb its bond-purchasing program further by $10 billion a month as the policy meeting begins today. The benchmark 10-year government bond yields advanced three basis points to 2.78% as of 9:02 a.m. in London.

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Tue, 28 Jan 2014 10:42:02 GMT

Pound gains against Euro as GDP rises by most since 2007

The British Sterling advanced on Tuesday session rising versus its European counterpart after a government report showed that performance of the United Kingdom's economy improved last year to the strongest pace since 2007. The Pound rose 0.2% to 82.31 pence a Euro as of 9:49 a.m. in London after it recorded a 0.8% drop last week.

Tue, 28 Jan 2014 11:16:05 GMT

France's consumer confidence advances in January

Consumer sentiment in France advanced in January rising for the second successive month, while it was forecast to remain unchanged, a report published by the statistical office Insee revealed on Tuesday. The country's consumer confidence index gained to 86 from December's level of 85 and November's 84.

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