Fundamental Analysis

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Mon, 31 Dec 2012 08:00:44 GMT

French recovery weaker than expected

The French economy expanded less than initially was expected, adding to concerns that the recovery may be too weak to help President Francois Hollande's government reduce unemployment, which is currently at a 15-year high, and improve the overall economic situation.

Fri, 28 Dec 2012 09:09:34 GMT

Abe sworn in as Japan's Prime Minister

On Wednesday, December 26, Shinzo Abe was sworn in as Japan's seventh Prime Minister during the last seven years.

Fri, 28 Dec 2012 08:52:35 GMT

Swiss UBS consumption indicator dropped in November

The UBS Swiss consumption indicator fell last month, implying weak domestic demand, the Swiss bank's economists said on Thursday.

Fri, 28 Dec 2012 08:41:35 GMT

U.K. mortgage approvals soared to their highest since January

The number of mortgages approved in the U.K. soared to the highest level since January last month, a sign nation's property market is stabilising.

Fri, 28 Dec 2012 08:30:35 GMT

U.S. jobless claims and consumer confidence fell, new home sales increased

New applications for the unemployment benefits in the world's biggest economy fell almost to the lowest levels in 2012 last week, adding to evidence that employers have picked up the pace of hiring.

Fri, 28 Dec 2012 08:19:35 GMT

Italian business confidence rose more than expected

Confidence among Italian manufacturers rose more than was initially predicted this month, as recession eased in the third quarter and the nation's borrowing costs declined.

Thu, 27 Dec 2012 08:50:33 GMT

Shinzo Abe unveiled his cabinet

New Japanese Prime Minister Shinzo Abe announced his cabinet on Wednesday, as he begins battling deflation and pushing economic growth.

Thu, 27 Dec 2012 08:31:36 GMT

Two-thirds of the world's gold is refined in Switzerland

Switzerland is widely expected to remain world's gold hub, as four of the world's biggest gold refineries are located in Switzerland.

Thu, 27 Dec 2012 08:20:32 GMT

Bank of England to abandon inflation target

The Bank of England is widely expected to abandon its 2% inflation target, which has been in place for more than two decades, as the BoE Governor Mark Carney thinks about alternatives to the measure of price level change.

Thu, 27 Dec 2012 07:57:32 GMT

U.S. holiday sales rose 0.7%

Despite huge lines recorded on Black Friday, the U.S. holiday retail sales this year were the weakest since 2008.

Thu, 27 Dec 2012 07:46:59 GMT

Greece to miss its tax reform targets in 2012

The heavily indebted Greece will miss tax reform goals set for this year, as the country cannot collect enough taxes from evaders, the European Union and International Monetary Fund said earlier this week.

Wed, 26 Dec 2012 12:34:49 GMT

ECB's actions eased tensions in the Eurozone

Mario Draghi's pledge to do whatever it takes to save the Euro and the huge amount of cheap loans pushed indicators of stress in the continent's money markets down and eased tensions in the Eurozone this year.

Wed, 26 Dec 2012 11:03:30 GMT

Abe renewed pressure on BoJ

Japanese next Prime Minister Shinzo Abe added more pressure on the Bank of Japan, saying he will consider changing the law governing the central bank, if they do not adopt a 2% inflation target.

Wed, 26 Dec 2012 10:19:30 GMT

Swiss sight deposits dropped last week

The amount of cash Swiss commercial banks hold with nation's central bank fell more than expected in the week to December 21, a sign that investors are getting more anxious over Eurozone's financial woes.

Wed, 26 Dec 2012 09:46:31 GMT

U.K. home prices to fall 1% in 2013

Home prices in the U.K. dropped for a six consecutive month in December, and are expected to extend their drop in the next year as well, a survey done by Hometrack showed on Monday.

Wed, 26 Dec 2012 08:52:35 GMT

Obama proposes a smaller fiscal-cliff deal

With only a week remaining for the Democrats and Republicans to avert huge tax increases and spending cuts, President Barrack Obama called for a partial deal in order to avert tax increases on the middle class and protect unemployment insurance, which are likely to expire soon.

Mon, 24 Dec 2012 13:30:25 GMT

Japan economy to remain weak for now

The world's third biggest economy is expected to remain weak in the next several months, as investors are not showing their willingness to invest into Japanese economy.

Mon, 24 Dec 2012 13:08:25 GMT

Swiss economy to continue gaining momentum

The outlook for the Swiss economy remains bright and the business activity is expected to continue gaining momentum, the Swiss National Bank said Friday.

Mon, 24 Dec 2012 12:46:28 GMT

U.K. economy expanded less than expected

Britain's economy expanded less than was previously estimated, adding more pressure on Chancellor George Osborne, who pledged to support economic growth by any means necessary.

Mon, 24 Dec 2012 12:13:26 GMT

Demand for U.S. goods jumped in November

Demand for long-lasting manufactured goods rose more than expected last month, a sign U.S. companies are planning to expand in the next year.

Mon, 24 Dec 2012 11:41:25 GMT

German consumer confidence edged down

German consumers are getting less confident about the economy in the next year, suggesting that recession in other Eurozone countries will hit the growth of Europe's largest economy as well.

Fri, 21 Dec 2012 08:40:16 GMT

BoJ expanded its asset-purchase programme

The Bank of Japan decided to take additional easing measures on Thursday, as incoming Prime Minister Shinzo Abe pledged to use any means in order to boost the economy.

Fri, 21 Dec 2012 08:15:16 GMT

Swiss trade surplus widened in November

Swiss trade surplus widened more than expected last month, posting the second biggest surplus ever recorded, boosted by the solid gain in exports.

Fri, 21 Dec 2012 08:04:21 GMT

U.K. retail sales flat in November

Retailers in the U.K. failed to sell more goods in November than in the previous month, adding to concerns that the economy may shrink in the last quarter of 2012.

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