European shares drop as inflation remains steady

Note: This section contains information in English only.
Source: Reuters
The majority of European stocks declined on Friday trading session with the shared currency rising towards the strongest level recorded this year after a report showed that consumer prices in the Eurozone held firm this month cooling concerns that the ECB may lower rates. The FTSE Eurofirst 300 index slipped 0.4% to 1,340.30 as of 12:50 in London.

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Fri, 28 Feb 2014 14:59:56 GMT

Treasuries rise before GDP data

U.S. Treasuries increased on Friday session pushing the benchmark 10-year government yields towards the lowest level in three weeks after a report showed steady inflation in the euro area last month and as investors expected GDP data from the U.S. 10-year yields dropped to 3-week low of 2.638% after they were seen at 2.67% yesterday.

Fri, 28 Feb 2014 15:17:12 GMT

Australia's dollar reverses its biggest monthly advance

It is projected that the Australian Dollar will end its biggest advance since September as the economy signals that the limited growth will decrease yields. Australia's currency advanced 2.4% this month, the largest gain among 10 major counterparts after Norway and New Zealand. The Aussie was little changed at 89.63 cents at 5:45 p.m. in Sydney, slipping from the level of 90.81 touched on Feb.

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