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Europe shares, euro fall on Bundesbank report

by on July 27, 2012 9:09 am BST
 

LONDON, July 27 |
Fri Jul 27, 2012 5:09am EDT

(Reuters) – European shares turned negative
and the euro fell on Friday, after the Bundesbank said it had
not changed its critical stance on the ECB buying government
bonds.

The FTSEurofirst 300 index fell 0.2 percent to
1,040.44 points.

The euro fell to a session low of $1.22410 from
around $1.2270. German bund futures rose 17 ticks to an
intraday high of 144.18 points, while Italian 10-year government
bond yields rose to 6.14 percent.