Euro rises on inflation report

Note: This section contains information in English only.
Source: Reuters
The Eurozone's currency increased on Wednesday recovering from previous drops after a report showed that inflation in the euro-area accelerated by 0.7% in April cooling speculation that the European Central Bank may cut its benchmark interest rates further next week. The Euro rose versus the U.S. Dollar to a level of $1.3824 today.

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Wed, 30 Apr 2014 14:35:15 GMT

Bonds in Europe increase on inflation data

Government bonds across Eurozone increased on Wednesday trading session reversing previous drops after a report unveiled that inflation in the area advanced in April suggesting that the European Central Bank may keep its current policy for now. German bund yields gained to 1.52% following an advanced to 1.49%, whereas Italian and Spanish bonds added 0.01% to 3.11% and 3.06% respectively.

Wed, 30 Apr 2014 13:59:05 GMT

U.S. shares inch lower on GDP data

Wall Street shares swung between gains and losses on Wednesday trading session after a government report showed that gross domestic product in the U.S. by less than expected in the first three months of this year. The benchmark index Standard & Poor's futures slipped 2 points, the Dow Jones industrial average futures lost 2 points and the Nasdaq Composite futures fell 10 points.

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