Swiss trade surplus narrows in August

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Source: RTTNews
Swiss trade surplus contracted in August, Swiss Federal Customs Administration said on Thursday. The surplus dropped to CHF 1.733 billion from CHF 2.88 billion in July. The trade balance posted a surplus of CHF 16.2 billion for the first eight month of 2012. Exports surged 4.4% on year in August, after a 0.8% rise in previous month. Imports rose 0.9% on year from a 2.3% gain in July.
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Thu, 20 Sep 2012 10:47:13 GMT

Gold slids on stronger U.S. Dollar, China data

Gold futures tumbled in electronic trading on Thursday, corresponding to losses across commodities, as the greenback advanced and data showed China's manufacturing held weak in September. December-delivery gold declined 0.4% to $1,764.50 per ounce. Same month copper fell 1.69%. Platinum for October delivery dropped 2.4% and silver for the same month slipped 0.7%.

Thu, 20 Sep 2012 10:25:09 GMT

Japan all industry activity falls in July

Japan's all industry output contracted more than estimated in July, lead by a 2% drop in construction and a 1% fall in industrial production, the Ministry of Economy, Trade and Industry reported on Thursday. All sector activity slipped 0.6% on month, after a 0.3% advance in June. Economists expected a decline of 0.5%.

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