Swiss ZEW economic expectations fell in September

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Source: Forexpros
Economic expectations in Switzerland deteriorated in September, a survey by the European Economic Research (ZEW) and Credit Suisse showed Wednesday. The ZEW index that measures expectations of futures economic performance fell by 1.6 points to -34.9, down from -33.3 in the prior month.  A reading above 0.0 indicates optimism, while a reading below indicates pessimism.
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Wed, 19 Sep 2012 14:42:09 GMT

BoE minutes raise QE hopes

Hopes the Bank of England will announce new economic stimulus plan above the existing program with a total value of 375 billion pounds ($610 billion) have been raised after minutes of the monetary policy committee's meeting on Wednesday. The BoE also expects the inflation rate to decelerate less rapidly, as oil and food prices rose.

Wed, 19 Sep 2012 10:04:07 GMT

S&P holds China property market outlook negative

The outlook for the Chinese real estate development sector stayed negative despite some advance in the last six month amid improving liquidity and an increase in sales volumes, S&P said on Wednesday. Property prices in China rose in 35 out of 70 cities in August, an increase was due to interest rate cuts by the People's Bank of China.

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