Italian yields drop ahead of ECB loans

Note: This section contains information in English only.
Source: Bloomberg
Italian bonds advanced sending the yield to a 11-month record low before ECB's second release of loans with 3 year maturity. The borrowing costs for Italian two year bonds slipped 15 b.p. to 2.68%. Germany also faced record low yields for its benchmark 10-year bonds as the borrowing rate declined to 2.92%. 
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Tue, 28 Feb 2012 07:55:29 GMT

Japanese retail sales supported by firm car demand

Japanese retail sales increased more than projected in January on the soaring car sales due to subsidies on the energy efficient vehicles. Retail sales grew by 1.9% on an annualized rate while car sales surged by 24%. The surge followed government's incentives such as subsidies aimed at boosting domestic car demand as Japan's car producers were severely harmed by the

Tue, 28 Feb 2012 08:23:01 GMT

Aussie and Kiwi weaken against Yen on Greece downgrade

New Zealand and Australian Dollar slightly depreciated against Japanese Yen on concerns downgraded Greece still has to struggle to tackle its sovereign debt woe. Aussie gave up 0.2% versus Yen to JPY 86.57 while Kiwi slipped 0.3% to JPY 67.54. Currently AUD/JPY is trading at JPY 86.89 and NZD/JPY is trading at JPY 67.79.

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