Market Pulse - Europe
21 Jan
SPD delegates vote to start formal talks on 'grand coalition'
Delegates from Germany's Socialist SPD party voted on Sunday to pursue formal coalition talks with the centre-right CDU/CSU parties led by Chancellor Angela Merkel.
21 Jan
Bonds: Gilts outperform, Fitch surprises with Spanish debt upgrade
These were the biggest movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 66% (+3bp)UK: 1. 34% (+1bp)Germany: 0. 57% (-1bp)France: 0. 84% (-1bp)Spain: 1. 44% (-5bp) Italy: 1. 96% (-3bp)Portugal: 1. 98% (-4bp)Greece: 3. 75% (+5bp)Japan: 0. 09% (+0bp) .
21 Jan
Commodities: IEA forecasts "explosive" growth in non-OPEC oil supplies
Energy futures came under pressure from slight profit-taking on Friday after the International Energy Agency forecast a big supply-side response to crude oil futures hovering near $70 a barrel.