Spain's borrowing costs increase

Note: This section contains information in English only.
Source: CNBC
Spain managed to gather all intended amount in the debt on Tuesday, but was forced to pay the second highest yield since the creation of the Euro. Spain's treasury raised EUR 3.4b, but the yield increased by 45 basis points and reached 3.69% on it's 6 month bills. 
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Tue, 24 Jul 2012 13:05:31 GMT

Gold declined on solid greenback

Precious metals started the week on the negative note amid lingering worries over Eurozone's debt crisis. Stronger US Dollar coupled with looming Fed policy meeting also weighted on the commodity group. Gold slid on Monday as demand for the precious metal weakened on the US Dollar rally. The greenback caught momentum after Moody's cut its outlook on Germany, the Netherlands and

Tue, 24 Jul 2012 10:33:32 GMT

Oil Gets Back on the Track

On Tuesday, oil futures rose 0.7%, after 4% decline yesterday. HSBC Holdings Plc has reported  preliminary  purchasing managers' index of 49.5, which would be the top level since February. Oil for September transfer was as $88.76 per barrel in e-trading on the New York Mercantile Exchange. Prices have dropped 10% this year.

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