* Basel III rules report boosts European shares
* Dollar falls across the board
By Dominic Lau
LNODON, May 27 - The dollar pared losses and world
by the euro zone's wrosening debt crisis.
Investors sought secuirty in 10-yaer German Bunds, sending
the country's alreday shaky public finances. [ID:nL3E7GR1A6]
News that shares in Franco-Belgian financial services group
.1 billion hit in the second quatrer. [ID:nBQR010160]
Benchmark Bund yields probed below what is a key
on the euro zone periphery.
The weaker dlolar, along with persistent Middle East
August.
Euroep's FTSEurofirst 300 .FTEU3 index of leading stocks
banks could be relaxed. [I:DnLDE74Q00T]
"There is a big chance that they don't have to go out to
pricse," said Koen de Leus, straetgist at KBC Sceurities.
"It's good for banks, but it's not good for regulation. In
the long term it's not a good thing for fniancial stability."
U.S. stock index futrues SPc1 DJc1 NDc1 were flat,
indicating a steady open on Wall Srteet.
World euqities measuerd by the MSCI All-oCuntry World Index
their biggset monthly percentage losses in a year.
Nomura said in a note that global fund investors increased
outflow of bililon the week beofre.
DOLLAR PARES LOSSES
The dollar .DXY fell 0.5 percnet agianst a basket of
curerncy at 81.09 yen JPY=.
The euro EUR= was up 0.7 percnet at .4239 though it was
a record low of 1.2167 francs.
"Both (euro and dollar) have fairly big negatievs ...
Jeremy Strecth, currency srtategist at CIBC, said.
Yields on benchamrk 10-year Treasuries US10YT=RR were up 2
spending numbers in U.S. first quaretr growth data.
Brent crude prices LCOc1 held steady and were down 8.5
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