Business confidence in Belgium falls unexpectedly

Note: This section contains information in English only.
Source: Forexpros
National Bank of Belgium reported on Tuesday that confidence of Belgian business leaders declined unexpectedly from June to September. NBB business climate decreased to minus 13.5, compared to a preceding quarter's reading of minus 11.6. Economists, however, expected that the index would increase to minus 11.0
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Tue, 23 Oct 2012 18:00:40 GMT

Treasuries rise on recovery doubts

On Tuesday, treasuries were traded higher, as lower than expected earnings from corporations renewed doubts over the recovery of the economy and supported demand for safer assets. The yield on benchmark 10-year notes declined 5 basis points, reaching the level of 1.77% by 9:52 a.m. in New York.

Tue, 23 Oct 2012 17:49:41 GMT

Bank of Canada maintains overnight interest rates unchanged

The Bank of Canada announced on Tuesday that it held its benchmark interest rate still for the seventeenth month in a row in October. The central bank left overnight cash rate at 1.00%, meeting expectations. In an accompanying statement the bank said that some slight withdrawal of loose monetary policy would be likely to take place over time.

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