Europe stocks slip on Spain bailout concerns

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Source: Marketwatch
European stocks declined on Wednesday amid worries Spain may postpone a bailout and weak China sentiment. The Stoxx Europe 600 Index slid 0.3% to 270.90. The DAX 30 Index tumbled 0.2% to 7,294.86, the FTSE 100 Index slipped 0.3% to 5.,794.37 and CAC 40 Index dropped 0.4% to 3,400.73.
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Wed, 03 Oct 2012 09:21:48 GMT

U.K. services sector expand less than forecast in September

U.K. service sector output advanced at a weaker-than expected rate in September, as economy posted the first net decline in employment in last ten months, Markit Economics said on Wednesday. The seasonalized Services Purchasing Managers Index dropped 1.5 points to 52.2, compared to 53.7 in August. Analysts had forecast a reading of 53.1."With no Bank Holidays until Christmas and the

Wed, 03 Oct 2012 10:38:44 GMT

Bunds rise ahead of Eurozone services, industry reports

German bonds surged on Wednesday ahead of a report expected to show a 39-month low output in euro area's services and manufacturing industry. The 10-year yield lost 2 basis points to 1.43%, while the 1.5% note maturing in September 2022 added 0.195 to 100.59. The 2-year yield was little changed at 0.04%.

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