Swiss consumption indicator rises in September

Note: This section contains information in English only.
Source: Reuters
© Scanpix/Reuters
After a major decline in August, retailers faced brightened business situation in September. The UBS Swiss consumption indicator improved to 1.07 in September, compared to a downwardly revised 1.02 in the preceding month, the Swiss bank's representative said on Tuesday. In July the index was at 1.72.


In the statement, UBS reported that new car registrations posted a heavy drop of 20% year-on-year. Nevertheless, overall number of new cars registrations in the country in 2012 was record high. This adds signs to the UBS' belief that private consumption this year will boost Swiss economic growth significantly.

Back to articles

Actual Topics

Tue, 30 Oct 2012 17:01:01 GMT

Hong Kong equities dropped; property developers weight

Hong Kong equities retreated further on Tuesday after the BoJ announced widely expected stimulus measures. Property developers continued to push Hong Kong blue chips index into the red territory amid concerns over fresh property-price curbing measures. Meanwhile, traders remained cautious ahead of the US consumer confidence data due later in the day. The Hang Seng Index slid 0.38% to end

Tue, 30 Oct 2012 16:40:11 GMT

Japanese shares plunged after BoJ eased its policy

Japanese shares tumbled on Tuesday after the BoJ eased its monetary policy by increasing the size of the asset-purchasing programme by JPY138 billion. The move was widely expected. Stronger Yen despite anticipated stimulus measures pushed exporters lower. Weakness in Japanese stocks and an appreciation in the national currency suggested that the markets had priced in the decision of the BoJ

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.