Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
RTRS:EURO GOVT-German Bund futures fall after Chinese data
 
Aug 9 (Reuters) - German Bund futures fell on Thursday after a drop in Chinese inflation spurred appetite for riskier assets, but uncertainty over when the ECB would resume bond purchases and how efficient such a move might be was seen capping losses.

China's annual consumer inflation fell to a 30-month low, fuelling expectations of further policy easing in the world's second-largest economy. European stocks were set to rise

But sentiment was fragile.

Safe haven Bunds rose on Wednesday as investors focused on the condition the European Central Bank has set for resuming its bond purchases - that troubled countries ask for help from the euro zone's rescue funds.

This raised the risk that the debt crisis engulfing Spain and Italy may have to get worse before policymakers make a move, traders said.

"Until we get more details on the plan and Spain asks for help we can be in a consolidating phase," one trader said.

"Stocks are trading well and that's not helping the core (euro zone debt) but we're going to move around in thin volumes because I don't know why we should make a significant break either way."

At 0611 GMT, Bund futures were 26 ticks lower on the day at 142.49.

Concerns also revolve around the euro zone's rescue funds as well, with the European Stability Mechanism awaiting for a green light from the German Constitutional Court, which rules on September 12.
Source