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Switzerland’s Producer/Import Price index for October slipped by 0.20% from the previous month, and was down 1.8% from 12 months ago.
Industrial production in the Eurozone fell 2.0% in September from August, but was still up 2.2% from the same period last year.
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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.

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US Economy grow

On 01/11/2011 By

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...

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