German 10-year bunds declined after a report showed that Greece’s economy contracted at a slower pace in the second quarter and Italy reached its 8 billion euros ($9.9 billion) maximum target at an auction of one-year bills.
Germany’s 10-year bund yield rose two basis points to 1.40% Italy’s 10-year yield was little changed at 5.90% Spanish 10-year bonds dropped seven basis points to 6.84%
In economics news:
National Australia Bank monthly business survey for July and ABS new motor vehicle sales for July
In US tonight: Producer price index, retail sales for July, business inventories for June
In company news:
National Australia Bank Q3 trading results Westpac Banking Corp Q3 trading results
The following companies release full year results:
Echo Entertainment Group, Goodman Fielder, GWA Group, Domino's Pizza Enterprises, Slater & Gordon, Ansell, Carsales.com Henderson Group first-half results Singapore Telecommunications first quarter results
