Pound rises against U.S. Dollar before Osborne speaks

Note: This section contains information in English only.
Source: Bloomberg
The British Sterling strengthened on Thursday snapping its two-week decline against the U.S. Dollar before a speech of George Osborne, the Chancellor of the Exchequer, explaining the last week's year-end budget statement. The Pound rose 0.1% to $1.6386 as of 7:44 a.m. in London following a 0.4% drop yesterday, the biggest fall since October 25.

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Thu, 12 Dec 2013 11:20:04 GMT

Treasuries fall as U.S. government issues 10-year yields

U.S. Treasuries declined on Wednesday trading session as the country issued benchmark 10-year government bonds in an auction totaling $21 billion drawing smaller-than-expected demand suggesting that the Federal Reserve may scale back its stimulus as soon as on the next policy meeting. 10-year yields jumped 5 basis points to 2.85% following a drop by 0.07% in the prior 3 days.

Thu, 12 Dec 2013 10:58:03 GMT

France's consumer prices gain in November

EU harmonized inflation in France slightly increased in November matching preliminary economists' expectations, a report published by the statistical office Insee reported on Thursday. According to the report, France's consumer prices harmonized index added 0.8% in November on an annual basis following a 0.7% advance in the previous month.

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