Treasuries gain amid Japan's slowdown

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Source: Bloomberg
Treasuries extended a three-day rally as global equities tumbled after Japan's trade data dropped short of analysts' estimates, rebounding worries that the Eurozone crisis and China's slowdown weaken global growth. The 10-year rate fell to 1.78%. The 1.625% bond due in August 2022 surged 5/32 to 98 18/32.
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Wed, 22 Aug 2012 13:27:52 GMT

European stocks drop on Japan trade deficit

Europe's stocks declined to almost three-week low after Japan's trade deficit widened more-than-expected and investors waited for the European leaders meetings' outcome. The Stoxx Europe 600 Index tumbled 0.9% to 270.27, the biggest decline since Aug. 2. Contracts on the S&P 500 fell 0.2%, while the MSCIA Pacific Index dropped 0.5%.

Wed, 22 Aug 2012 14:22:51 GMT

German stocks declined ahead of FOMC minutes release

German shares dropped after Japan reported wider than expected trade deficit in July. Escalated cautiousness ahead of the FOMC minutes release also weighted down on German blue chips. The German DAX Index declined by 0.78% to trade at 7,017.41. Only one sector included in the index increased. Financials moved higher thanks to Deutsche Bank that gained 0.52%. At the same

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