German bund yields at 1.17% before inflation report

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Source: Bloomberg
German government Bunds were little changed on Friday before a report showed that producer prices in the 17-nation bloc decreased in the month of March. German benchmark 10-year yield was at 1.17% as of 7:10 a.m. in London after the rate declined to 1.15% yesterday, the weakest level since July 2012, when it recorded an all-time low at 1.127%.

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Fri, 03 May 2013 08:22:04 GMT

Aussie set to complete longest losing streak versus Kiwi in 12 years

The Australian Dollar is heading to complete the longest streak of weekly drops against the New Zealand Dollar in a twelve-year period amid speculation that the Reserve Bank of Australia will lower borrowing costs next week. The so-called Aussie dropped 0.2% to NZ$1.2042 at 4:05 p.m. Sydney time after it touched $1.2034, the lowest since October 2009.

Mon, 06 May 2013 05:13:04 GMT

Eurozone's PMI falls at slower pace in April

Manufacturing activity in the euro area decreased at a slower pace in April than the previous month, according to a report unveiled by the Markit Economics on Thursday. The report showed that the Purchasing Managers Index marginally declined from March's level of 46.8 points to 46.7 in April, while economists expected the figure to fall to 46.5.

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