Swiss manufacturing falls in third quarter
Expat Financial & Investment News Update - 16th December 2011
Robert Harris of Forth Capital says equity markets bounced back amid better labor market figures for jobless claims. U.S. manufacturing accelerated more than expected. Plus he talks about the ongoing debate among European nations over the effectiveness of eurozone fiscal reform. And in Switzerland, the SNB decided to keep interest rates near zero and the franc capped at CHF1.20 to the euro. Finally, Swiss manufacturing fell in the third quarter.