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Economic News December 19, 2013 Swiss SECO Maintains Positive Outlook On Economy Switzerland's economic situation has continued to brighten since autumn and growth is expected to accelerate further next year, the State Secretariat for Economic Affairs, or SECO, said in a quarterly report on Thursday. (Dec 19, 2013)  Full Article U.K. Home Prices Set To Jump 8% Next Year: RICS House prices in the United Kingdom is tipped to rise as much as 8 percent in 2014, according to a report released by the Royal Institutions of Chartered Surveyors (RICS) on Thursday. (Dec 19, 2013)  Full Article   BoE's McCafferty Says Forward Guidance Helps To Build Confidence: Report The forward guidance of the Bank of England has not become less relevant in the face of falling unemployment, Monetary Policy Committee member Ian McCafferty said in an interview with the Northern Echo. (Dec 19, 2013)  Full Article Finland Finance Ministry Cuts GDP Outlook Finland's Finance Ministry slas

Forex Market Update Economic News Swiss Investor Confidence Plunges In August Swiss economic expectations diminished significantly in August, latest survey results from the Center for European Economic Research (ZEW) and Credit Suisse showed Thursday. (Aug 25, 2011) Full Article Riksbank's Oberg Sees No Issues With Swedish Banks' Funding Capacity Swedish banks are financially strong and stable, Riksbank's Deputy Governor Svante Oberg said Thursday. (Aug 25, 2011) Full Article BoE's Weale: More Monetary Support Appropriate On Easing Inflationary Pressure Additional monetary support would be the appropriate policy rather than a withdrawal on the course of substantial weakening of inflationary pressures, Bank of England's policymaker Martin Weale said in a speech on Thursday. (Aug 25, 2011) Full Article U.S. Weekly Jobless Claims Show Unexpected Increase Partly as a result of a union strike against Veri

Forex Market Update Economic News China Revises Q1 Current Account Data China's current account surplus declined 21 percent in the first quarter from a year ago to $28.8 billion, data published by the State Administration of Foreign Exchange showed Monday. (Jul 11, 2011) Full Article British Economy Logs Weak Recovery In Q2: BCC The U.K. economy continued its weak recovery in the second quarter, a survey carried out by the British Chambers of Commerce (BCC) showed Monday. (Jul 11, 2011) Full Article Eurozone Ministers To Discuss Second Greek Rescue Eurozone finance ministers and top EU officials are meeting in Brussels on Monday to evolve a second rescue package for Greece, while concerns are brewing over a possible debt contagion to Italy, Eurozone's third largest economy. (Jul 11, 2011) Full Article   OECD Leading Index Drops In May The composite indicator for the the Organization for Economic Cooperation and Development (OECD) a

Forex Market Update Economic News China Business Confidence Falls In Q2 Confidence among Chinese businesses fell notably in the second quarter, a report from the National Bureau of Statistics showed Friday. (Jul 8, 2011) Full Article Current Account Deficits Not Always Bad: RBA's Debelle Current account deficits have a bad reputation, which is not always warranted, said Guy Debelle, Reserve Bank of Australia (RBA) assistant governor for financial markets. (Jul 8, 2011) Full Article Swiss Jobless Rate Steady At 3% In June Switzerland's unemployment rate remained unchanged in June, data from the State Secretariat For Economic Affairs (SECO) showed Friday. (Jul 8, 2011) Full Article Bank Of France Cuts Q2 Growth Outlook, Business Sentiment Drops French business sentiment declined notably in June, latest survey results from the Bank of France (BoF) showed Friday. (Jul 8, 2011) Full Article Italy's Industrial Production Rises Less Than Forecast

Forex Market Update Economic News UK House Prices Rise Further In June: Halifax House prices in the UK increased at the fastest pace in eight months in June, data from the Lloyds Banking Group Plc's Halifax division showed Wednesday. (Jul 6, 2011) Full Article Bankers' Meet To Discuss Private Participation In Greek Rescue Eurozone bankers are meeting in Paris on Wednesday to evolve a plan for private bondholders regarding their participation in the second rescue package for Greece. (Jul 6, 2011) Full Article UK Car Registrations Drop 6.2% In June New car sales in the UK continued to decline in June, data released by the Society of Motor Manufacturers and Traders showed Wednesday. (Jul 6, 2011) Full Article MBA: Refinancing Drops As Interest Rates Rise U.S. mortgage applications decreased last week, as rising interest rates cooled demand for refinancing, industry data showed Wednesday. (Jul 6, 2011) Full Article Poland Central Bank Holds Intere