Hong Kong stocks gain on China's CPI slowdown

Note: This section contains information in English only.
Source: Bloomberg
Hong Kong stocks advanced, lead by the city's benchmark index expected to reach the strongest close since May, amid a four-month long slowdown in Chinese inflation providing a room for additional stimulus. The Hang Seng Index rose 1.1% to 20,277.21. The Hang Seng China Enterprise Index gained 1.2% to 9,970.42.
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Thu, 09 Aug 2012 09:42:14 GMT

German bunds fall on China's data

German bonds slipped, with 10-year yields climbing to a one-month high, on belief central banks may act to boost growth after China's industrial production and inflation slowed. On Thursday, the 10-year yield gained to 1.45%. The 1.75% bond due date July 2022 dropped 0.275 to 102.735. The 2-year yield advanced to -0.4%. German debt returned 3.3% in 2012 through yesterday.

Thu, 09 Aug 2012 16:58:15 GMT

Germany's exports and imports tumbled in June

According to the Federal Statistics Office, German's exports and imports tumbled in June by 1.5% and 3%, respectively, from the previous month.  The total value of exports is at 92.3bn euro level, while the value of imports is 76.1bn euros. Despite worsened fundamentals, the exports to other countries, which are outside of the Eurozone, soared 20% from a year earlier.

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