Swiss economic outlook deteriorates in February

Note: This section contains information in English only.
Source: WBP Online

Switzerland's economy entered the Q3 2016 with a downgraded growth forecast. A survey by the ZEW Institute and Credit Suisse Group showed on Wednesday that Switzerland's Economic Sentiment Index dropped to 5.9 in July, following the previous month's reading of 19.4 points, its best result since February 2014. 

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Wed, 20 Jul 2016 12:56:25 GMT

Metal and energy futures trade lower on Wednesday

West Texas Intermediate futures traded 0.90% lower at $44.25 per barrel, whereas Brent futures traded 0.34% lower at $46.50 per barrel by 12:50 GMT on Wednesday. Meanwhile, gold prices dropped 1.17%, trading at $1,316.70 per troy ounce, and silver prices fall 2.13%, trading at $19.58 per ounce.

Wed, 20 Jul 2016 11:54:04 GMT

UK inflation rate drops to 4.9% in May

The unemployment rate in Britain fall to 4.9% in May, almost in line with the previous month's reading of 5.0%, the Office for National Statistics said on Wednesday. Meanwhile, average weekly earnings posted an increase of 2.2% not including bonuses in May, while the indicator rose 2.3% including bonuses. The number of people filing for unemployment aid grew by 400

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