The German government bunds continue on a downtrend Thursday as investors wait to watch the release of eurozone’s consumer price-led inflation index for the month of September, due on September 29 by 09:00GMT. Also, the European Central Bank Governor Mario Draghi is scheduled to deliver a keynote speech on the same day, which will add further direction to the deb market.
The German 10-year bond yields, which moves inversely to its price, jumped nearly 2-1/2 basis points to 0.49 percent, the yield on 30-year note also surged 2-1/2 basis points to 1.29 percent and the yield on short-term 2-year traded 1-1/2 basis points higher at -0.68 percent by 08:10GMT.
After a weaker showing in yesterday’s French consumer confidence survey, the findings from Germany’s latest GfK consumer confidence survey released this morning were also a touch softer than expected. In contrast to expectations of a further increase from the sixteen-year high reached in the previous survey, the headline confidence index fell for the first time since April, albeit by the smallest of margins, just 0.1pt to 10.8.
Within the detail, however, consumer expectations for their future incomes slipped to the lowest level in six months, while the index for willingness to buy was also weaker, albeit remaining well within its recent range.
Meanwhile, the German DAX traded 0.21 percent higher at 12,683.50 by 08:15 GMT, while at 08:00GMT, the FxWirePro's Hourly Euro Strength Index remained neutral at -60.96 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 



