German bunds drop after inflation data

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Source: Bloomberg
German government bunds declined on Friday falling for the first time in four sessions after a report showed that consumer price inflation in the Eurozone bear initial economists' projections cooling down concerns that the ECB may lower rates. The benchmark 10-year bunds yielded five basis points higher at 1.61% as of 11:36 a.m. in London.

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Fri, 28 Feb 2014 15:02:59 GMT

Italy's inflation eases in February

Inflation measure as harmonized price index in Italy weakened in February, a preliminary figures revealed by the statistical office Istat showed on Friday. According to the report, the country's harmonized index of consumer prices fell from 0.6% recorded in January to a level of 0.5% in the following month, while experts projected inflation to stay flat.

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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