German yields drop on slow growth in EZ

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Source: Bloomberg
German 10-year bond yields dropped 0.14 percentage point, the most since the start of July, as concerns over Eurozone growth has weakened and the sovereign debt is escalating increased demand for safer assets. Benchmark yields declined to a 3-week low after PMI indicated the Euro area's service sector contracted in August and German manufacturing declined for a sixth consecutive month. 
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Mon, 27 Aug 2012 08:15:04 GMT

Asian stocks fall on Chinese industrial profits decline

Asian stocks dropped as Chinese industrial companies' profits declined in July. The MSCI Asia Pacific Index fell 0.1% to 120.22. Hong Kong's Hang Seng Index declined 0.2% and Taiwan's Taiex Index fell 0.1%. Australia's S&P/ASX 200 Index gained 0.2% and Japan's Nikkei 225 Stock Average added 0.5%. South Korea's Kospi Index increased 0.2%. 

Mon, 27 Aug 2012 16:52:04 GMT

Wall Street turned lower on Friday

Wall Street turned slightly lower on Friday, as investors are getting more cautious about Eurozone's leaders will ability to handle region's debt crisis. The Dow Jones Industrial Average fell 0.1%, to 13,041.9; the Standard & Poor 500 Index edged 0.2% lower, to 1,399.54, while Nasdaq 100 futures lost 0.3%, to 3,042.89.

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