Spain and Italy to auction debt first time this year

Note: This section contains information in English only.
Source: Bloomberg
Spain and Italy prepare to sell bonds worth around 17 bn Euros today as Italian PM Monti calls investors to prize nation's austerity measures. Monti and Spanish PM Rajoy both are attempting to persuade investors the countries have put much effort to reduce debt. Spain's Parliament approved 15 bn Euro austerity package yesterday. 
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Thu, 12 Jan 2012 15:32:32 GMT

Kiwi hit two-month record-high on Chinese CPI

New Zealand Dollar sharply appreciated on Thursday after China said its price inflation cooled in December spurring hopes for additional monetary stimulus. New Zealand's domestic currency climbed to $0.7981, a record high since November 9 while its Australian counterpart slightly declined from $1.0310 to $1.0294. Currently NZD/USD is trading at $0.7949 and AUD/USD is trading at $1.0297.

Thu, 12 Jan 2012 15:30:33 GMT

Bank of England may abstain expanding stimulus

Mervyn King, the governor of the Bank of England, said the bank may cease adding extra financial stimulus to the economy as UK manufacturing and service gauges increased unexpectedly previous month indicating country's economy may be gaining positive momentum. Still officials are caution regarding possible impact of European debt crisis.

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