PPI in Switzerland increased by 0.3%

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Source: Forexpros
© Scanpix/Reuters

The Swiss Federal Statistical Office reported on Monday that its PPI grew more than expected, continuing the streak of increases. Producer price index increased to 0.3% on a seasonally adjusted basis last month, compared to a reading of 0.5% in the preceding month. Analysts, however, expected that the index would be equal to 0.2%.

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Mon, 15 Oct 2012 15:41:19 GMT

Copper hits a 1-month low on China, Spain

On Monday, copper prices declined to a one-month low in European morning trading session, amid concerns that Chinese slowdown is more severe than expected, and uncertainty over Spanish bailout. On the NYMEX, December delivery futures for copper were traded at $3.691 per pound, which was a 0.3% fall for the trading session. Earlier, it hit $3.646, which was the lowest since Sept. 10.

Mon, 15 Oct 2012 15:08:19 GMT

Empire State manufacturing index increased less than expected

The New York Federal Reserve reported on Monday that its manufacturing conditions index increased less than expected. Empire State manufacturing index advanced to minus 6.2 this month, compared to a a reading of minus 10.4 last month. Economists, however expected that manufacturing conditions would improve more, with an expected reading of the index equal to minus 4.5.

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