OctaFX | OctaFX Forex Broker
Open trading account
Back

Italian 10-year yields at highest level since October 2012

The Italian Treasury held the first debt auction after the parliamentary elections on Wednesday during which it sold a total of 6.5 billion euro worth of 5- and 10- year bonds, meeting the maximum target.

4 billion euros of bonds maturing in 2023 were auctioned at an average yield of 4.83%, up from 4.17% seen in late January. 1.95 billion euros worth of bonds maturing in 2018, were sold at an average yield of 3.59% versus the previous 2.94%.

Forex: EUR/USD peaks at 1.3121 on better EMU confidence

Although consumer confidence in the Eurozone only improved from -23.9 to -23.6 in February, as expected, business climate rose from -1.09 to -0.73 (consensus of -1.04), industrial confidence improved from -13.8 to -11.2 (consensus of -13.2), services sentiment rose from -7.7 to -5.4 (consensus of -8.5) and economic sentiment indicator improved from 89.5 to 91.1 (consensus of 89.8).
Read more Previous

Forex: GBP/USD calm after BoE's Bean inflation comment

The GBP/USD spiked higher to 1.5164 as investors cheered EMU confidence data, but 1.5140 is still offering resistance. Worthy of reading is BoE's Bean comments that he is sensible to review UK inflation target. The pair remains little above from the opening price.
Read more Next
Start livechat