The mining company
Major currencies and bond markets were steady before a speech by
"Growth continues to be a concern in the developed world," said
At midday in
Portuguese stocks lagged their European peers, falling 2.2 percent on concerns about the financial health of one of the country's largest financial institutions
Portguese bonds also underperformed, with the 10-year yield spiking to a six-week high, just shy of 3.9 percent, while Greek yields ticked up to a one-month high of 6.17 percent as the country prepared to issue a new three-year bond.
The benchmark 10-year Treasury yield was unchanged at 2.565 percent. The yield on
The dollar has fallen back below a key long-term technical indicator against the yen this week. That's the 200-day moving average, which yesterday was ¥101.83, suggesting it may not strengthen much, if at all, in the coming days and weeks.
Upbeat June US employment data last week prompted some
Disappointing German economic data on Tuesday kept the benchmark Bund yield anchored, and later, investors will look to Draghi for signs the ECB could ease policy further to support the euro zone economy.
"If the ECB embarks on a round of assets purchases, it could push peripheral yields down another notch as investors view these assets as being backstopped by the central bank,"
In commodities trading, Brent oil fell 0.2 percent to
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