Markets

Aussie, NZ dollars track euro lower; Italian bond sale eyed

Published December 29, 2011 Updated December 29, 2011 05:22am

Italy aims to sell up to 8.5 billion euros of bonds later on Thursday and markets are keen to see if its borrowing costs will ease. On Wednesday, Rome's short-term funding costs halved at an auction, but analysts warned against expecting such a big drop in yields on Thursday.

Copyright Reuters, 2011