European equities higher on better than expected financial results

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Source: Bloomberg

The Stoxx Europe 600 Index was 0.5% higher to 272.46 points in early Europe trading session on Thursday. European markets gain, as Repsol SA, Swiss Re Ltd and Siemens AG announced financial results, which exceed street estimations. Also, today will be announced the Bank of England and the ECB decisions on the key interest changes.

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Thu, 08 Nov 2012 13:56:11 GMT

Hong Kong shares dropped ahead of leadership change

Hong Kong equities sank on Thursday as investors were cautious after 18th Chinese Communist Party Congress started on Thursday, where a leadership change is to take place. Pushing Hong Kong blue chips lower, the European Commission lowered its growth forecast for the eurozone from 1% to 0.1% for 2013. Moreover, worries over the US fiscal cliff also added to losses

Thu, 08 Nov 2012 14:39:23 GMT

Treasuries maintain gains on Fidelity and Pimco comments

U.S. government securities reached 0.6% return in the last month, accomplished by yesterday's rally as Barack Obama won the presidential re-election. Fidelity and Pimco investment management funds said, that political games will return to the scene and current policy uncertainty will bring the economy downwards, therefore the demand for bonds will sharply increase pushing bond prices up.

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