Swiss trade surplus remains unchanged in October

Source: RTT News
Trade balance of Switzerland came in surplus in the month of October staying at the same level as in September, the latest data published by the Federal Customs Administration revealed on Thursday. According to the data, Swiss trade surplus recorded CHF 2.6 billion, when the country's exports advanced 0.9% on an annual basis and imports dropped 0.2% in October.

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Thu, 21 Nov 2013 12:37:25 GMT

European stocks drop as Fed might cut stimulus

European stocks dropped after China's manufacturing data tumbled more than expected and the Federal Open Market Committee minutes signaled that Federal Reserve might reduce stimulus in next months. The Stoxx Europe 600 Index slipped 0.6%, as the computer-service giant Atos contracted 4.7%, after saying it has sold 8.9 million shares. 

Thu, 21 Nov 2013 12:06:20 GMT

U.S. existing home sales fall for second consecutive month in October

Existing home sales in the world's largest economy declined in October falling for the second successive month, however the drop was slightly smaller than originally expected, the National Association of Realtors reported on Wednesday. The report showed that the U.S. existing home sales slid 3.2% year-on-year to 5.12 million units in October following a 1.9% fall to 5.29 million units

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