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May 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

eurozone economy

German 10-year bond yields hit 5-week low, strong PMI stems fall

German 10-year bond yields hit 5-week low, strong PMI stems fall

  • Still, IHS Markit's flash composite PMI, a closely-tracked economic indicator, bounced above the 50 mark separating growth from contraction to 52.5 in March compared to February's 48.8, its highest since late 2018.
  • Signs of a pick-up in the pace of the European Central Bank's bond purchases have also supported bond markets.
Published 24 Mar, 2021 09:22pm
Euro zone November industrial production better than expected
Business & Finance

Euro zone November industrial production better than expected

  • The European Union's statistics office, Eurostat, said industrial output in the 19 countries sharing the euro rose 2.5% in November against October for a 0.6% year-on-year decline.
  • Industry continues to recover from the first wave, despite all of the second-wave problems that the economy is currently facing.
Published 13 Jan, 2021 06:24pm
Italian BTP yields jump on political uncertainty fears
Markets

Italian BTP yields jump on political uncertainty fears

  • Italy's 10-year bond yield was up 8.5 basis points at 0.629%, after hitting its highest since Dec. 2.
  • Some headlines are weighing heavily on Italian government bond prices. Market is worried about any development that could lead to a euro-sceptic policy in Italy.
Published 12 Jan, 2021 08:53pm
Euro zone bond yields jump as risk-off mood grips markets
Markets

Euro zone bond yields jump as risk-off mood grips markets

  • The market trend shifted abruptly in Europe as Wall Street opened and expectations of a multi-trillion-dollar stimulus plan lifted US 10-year notes yields to 1.134%.
  • Germany's 10-year Bond yield reversed earlier falls and rose to -0.491%, its highest in two months.
Published 11 Jan, 2021 09:48pm