Euro higher as Spain expected to request aid

Note: This section contains information in English only.
Source: Bloomberg

On Tuesday, the Euro was traded higher versus the U.S. Dollar, rising above $1.30, amid improvements in German investor sentiment and speculation that the Spanish government would soon request for bailout. The 17-nation currency added 0.8% to trade at $1.3055 by 8:31 a.m. in New York. Earlier in the day, the European currency reached the level of $1.3059, which was the highest since October 5.

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Tue, 16 Oct 2012 14:01:01 GMT

U.S. consumer prices climbed last month

The Labor Department reported on Tuesday that consumer prices in the U.S. were advancing in September, following an increase the month before, which was a reflection of a growth in energy expenses. September's consumer prices were growing at a rate of 0.6% for the second consecutive month, while economists expected that it would by only 0.5%. Core CPI added 0.1%, which was lower than a 0.2%

Tue, 16 Oct 2012 14:32:30 GMT

Treasuries lower on the increase of cost of living

On Tuesday, treasuries were traded lower, following the report that showed that the cost of living increased in September, which supported speculations about an acceleration in inflation amid record stimulus by the Federal Reserve. The yield on benchmark 10-year notes added 4 basis points, reaching 1.70%, at 8:34 a.m. New York time.

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