The Euro continues to drop versus the Yen

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

On Monday, the 17-nation currency was lower versus the Japanese Yen for the fifth consecutive day, as investors were focused on upcoming report on German business confidence, which is expected to be the lowest in two years. The Euro fell 0.3% and reached 101.19 Japanese Yen by 8:23 a.m. London time. Earlier, it hit a level of 100.87 Yen, which was the lowest since September 14.

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Mon, 24 Sep 2012 10:43:20 GMT

Treasuries grew on investors' recovery doubts

Investors from the U.S. were buying treasuries in bigger amounts than foreigners, which happened for the first time since 2010. Treasury notes held domestically added 10.7% during the first 7 months of 2012. Last week, yields on benchmark 10-year notes declined by 11 basis points, reaching 1.75%, and were little changed today by 1 p.m. Tokyo time.

Mon, 24 Sep 2012 09:59:21 GMT

German business confidence falls in September

German business sentiment dropped to the weakest since March 2010 in September on further concerns over the Eurozone's recession, Ifo said on Monday. The Business Climate Index fell to seasonally adjusted 101.4, after 102.3 in August. Analysts had forecast a reading of 102.5. The Current Assessment Index slid 0.8 points to 110.3, while the Business Expectations Index lost 1.0 point

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