Greece’s decision to hold a referendum to approve the latest bail-out plan and the parliament’s vote of confidence on the current government have triggered new tensions in the euro area and are threatening the financial stability of the region.
The Swiss PMI dipped to 46.9 in October from 48.2 in September.
US [...]
More... →According to the OECD, the US economy should grow by 1.7% in 2011, 1.8% in 2012 and 2.5% in 2013. The Chicago PMI index fell to 58.4 in October from 60.4 in September. The USD/CHF rose from 0.8611 to 0.8801 yesterday following the Bank of Japan’s intervention and doubts surrounding the viability of the More... →


