Switzerland's ZEW index tumbled in June

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Source: Forexpros
Swiss economic sentiment deteriorated significantly, approaching five month-low in June. ZEW indicator that measures economic sentiment plunged by 39.4 points, attaining minus 43.4 this month  as compared to minus 4.0 in May. Experts predicted the indicator to lose 11.0 points to 15.0 this month. A reading above zero signals optimism while a reading below zero indicates pessimism.


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Wed, 20 Jun 2012 15:02:01 GMT

Platinum fell as South Africa's output may grow

Precious metals fell on Tuesday ahead of key Fed statement due on Wednesday. The Fed decision will determine commodity price moves in the nearest term.Gold lost 0.6% after Span's borrowing costs surged to unsustainable level. Silver dropped despite stronger global equities that gained a spree after G-20 members hinted for easing bailout term for Greece.Platinum eased down on potential supply

Wed, 20 Jun 2012 14:40:03 GMT

UK unemployment remained at three-year low in April

UK jobless rate stood at 8.2% in April, near three-year low, as businesses created sufficient number of new jobs to compensate public sector job cuts. The private sector managed to create 205,000 new jobs in three months before April. The data are highly appreciated by government officials who expect the private sector to employ 740,000 individuals by 2017 as public

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