European shares decline after Stoxx 600 extends 12 month gain

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Agence France-Presse

European shares slipped after the Stoxx Europe 600 Index jumped the most in a period of 30 days as the U.S. economy is expected to boost and that may slow down the stimulus. The Stoxx 600 fell 1% to 305.06 as of 9:57 a.m. London time; the index is still set for 2.8% gain in May. The Stoxx 600 index has prolonged the win streak to 12 months and it has surged 9.1% in year 2013 to date.

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Wed, 29 May 2013 10:39:05 GMT

Stocks, German bonds dropp on Fed stimulus

European shares and German Bund prices dropped after improved US economic report spread speculation the Fed may reduce its bond-buying policy. German bond futures were at 143.39, they decreased by 43 ticks, with traders expecting unemployment and inflation report out of Germany to confirm the economic growth. The FTSE Eurofirst 300 Index, the top European shares, fell 0.5%.

Wed, 29 May 2013 11:03:15 GMT

Japanese currency rises after Kuroda's remarks; Aussie slips

The Japanese Yen appreciated versus the greenback and the shared currency as the Bank of Japan Governor Haruhiko Kuroda stated that the financial system's stability is essential, while the Aussie slipped. The Japan's currency appreciated 0.2% to 102.17 per Dollar at 7:57 a.m. in London and also strengthened 0.2% to 131.35 per Euro. The Australian currency fell 0.7% to 95.50

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