European stocks move up as Italy forms new government

Note: This section contains information in English only.
Source: Bloomberg
European equities advanced on Tuesday with the regional benchmark index heading to the longest streak of monthly gains in sixteen years as Italy ended its political uncertainty after it formed a new government and as consumer spending in the U.S. rose in March. The Stoxx Europe 600 added 0.5% to 297.39, the highest figure since April 2, while it has gained 1.2% this month.

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Tue, 30 Apr 2013 15:49:04 GMT

Euro-area bonds rise before ECB lowers rates

European government bonds advanced on Tuesday after a report showed that inflation in the 17-antion bloc area decreased to the lowest level in more than 3 years and as the ECB is expected to lower the benchmark interest rate. German 10-year rates slipped to the lowest in 9 month at 1.18% and Spanish 10-year yield dropped to 4.12%, the lowest

Tue, 30 Apr 2013 15:27:03 GMT

Emerging-market stocks gain led by technological sector

Emerging-market shares increased to their highest level in one month on Tuesday mainly due to a rally of technological sector companies led by Hermes Miscrovision Inc. as investors seek for more risky assets amid global monetary measures speculation. The MSCI Emerging Market Index gained 0.6% to 1,033.19 as of 12:41 p.m. Hong Kong time reducing this month's fall to 0.2%.

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