“The euro strengthened from a seven- week low and Italian 10-year bonds gained after the country sold 6.5 billion euros ($8.5 billion) of debt amid political turmoil. Oil advanced.
The euro appreciated 0.4 percent to $1.3118 at 12:15 p.m. in London after earlier rising as high as 1.3122. Italy’s 10- year bond yield dropped six basis points to 4.84 percent after jumping 41 basis points yesterday. The Stoxx Europe 600 Index (SXXP) climbed 0.2 percent and Standard & Poor’s 500 Index futures advanced 0.13 percent. The Nikkei 225 Stock Average (NKY) capped its biggest two-day decline since November 2011. The yen strengthened against all but one of its 13 major peers and West Texas Intermediate oil gained 0.3 percent….”
If you enjoy the content at iBankCoin, please follow us on Twitter
