At Monday, September 6, trades on the market of European government bonds held in the apparent advantage of market "bulls". Active buying of bond euro spurred economic statistics eurozone, while the increased interest to the British Gilts stimulated speculation about the decision of the Governing Board of the Bank of England on the rates and amounts of redeemable assets that will be adopted during the current week. As a result, British and German debt finished the day in the addition of a heavy price, while French bonds, did not enjoy the day in high demand, closed in different directions.
Another catalyst for growth in the eurozone and the quotations of bonds, primarily, Bunds in Germany was the statement of the ECB Governing Council member Ewald Navotny, who expressed confidence that European monetary authorities did not begin until December to discuss ways to minimize emergency response support to the regional economy. "In the meantime, the economic development in many ways remains unclear. One thing is clear - it is too early to take a clear position," - said the head of the Austrian central bank.
While the official monetary authorities to take time out to recall the economic incentives, among European investors, apparently fearful because of pessimistic forecasts about the economy, growing insecurity. This is according to the index of sentiment among investors in the eurozone (Sentix Investor Confidence), which is calculated research group Sentix. According to calculations by Sentix, September declined from August marks 8.5 points to 7.6 points. A sudden decrease in the index of investor sentiment eurozone Sentix increased fears of market participants have made their choice in favor of protection of assets.
Concerns for the future of the economy does not give rest and investors in the British debt. To prevent slippage of the UK economy in re-recession, the British monetary authorities may decide to increase the volume of purchase of assets. Meeting of the Board of Governors of the Bank of England, which will decide the rates and volumes of redeemable assets, will be held next Thursday, Sept. 9. It is the expectation that the Bank of England, as well as the ECB last week, will continue to support its economy and stimulate purchases of British Gilts, by the end of the day steadily shaped a rising price trend.
The nature of trades during the day has not undergone much change - British Gilts and Bunds in Germany and grew up in price until the closing of the trading session. The French government bonds finished the day mixed dynamics of quotations. Following the first trading session began the week returns and 2-year Bunds in Germany, and the 10-year securities fell by 1 bp Spread between 2-year-olds and 10-year Bunds Germany amounted to 170 bp
