SNB bought about €80bn Euro core debt

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Source: Reuters

The Swiss National Bank has bought around 80 billion euros of sovereign debt in the euro area's core countries  during the first seven months of 2012, to stem the appreciation of national currency, Standard & Poor's said on Tuesday.

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Tue, 25 Sep 2012 15:21:23 GMT

U.S. consumer confidence rocketed to a seven-month high

Confidence among U.S. consumers rose more than expected in September, reaching seven-month high, the Conference Board said on Tuesday. A gauge of consumer confidence rocketed to 70.1 this month, up from 61.3 in the prior month. Leading indicator, which measures overall economic activity, was expected to rise to 63.1.

Tue, 25 Sep 2012 16:14:33 GMT

UK shares advance ahead of the US consumer confidence data

UK equities are trading slightly higher on Tuesday ahead of the key talks between Angela Merkel and Mario Darghi due later in the day. Persistent worries over spreading debt crisis in the region coupled with increased cautiousness ahead of US consumer confidence data weighted down on the UK shares. The FTSE 100 Index inched up 0.17% and is currently trading

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