German HICP climbs in August

Note: This section contains information in English only.
Source: RTTNews
Germany's HICP inflation rose more-than-expected in August, Destatis posted preliminary data on Wednesday. The Harmonized Index of Consumer Prices surged 2.2% on year, after a 1.9% rise in July. Analysts forecast an increase of 2%. The HICP posted 0.3% advance on month-on-month basis. The Consumer Price Index rose 2% on year in August, from 1.7% in previous month.
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Wed, 29 Aug 2012 17:46:10 GMT

Gold futures flat after U.S. GDP data

Gold futures were little changed on Wednesday, August 29, after data indicated that the U.S. economy expanded more than expected in the second quarter.  Bullion inched 0.01 per cent lower to $1,667.55 per troy ounce.  Other precious metals also were flat, with silver and copper for December settlement losing 0.01 per cent and 0.35 per cent, respectively.

Wed, 29 Aug 2012 17:24:10 GMT

Treasuries decline after GDP, before Beige Book

Treasuries declined on Wednesday, after GDP rose more than preliminary data showed and before the release of the Fed's Beige Book, influencing further monetary policies. 10-year treasury yield advanced to 1.65%. 30-year note yields tumbled to 2.74%, while 5-year rate deteriorated to 0.67%.

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