Switzerland: ZEW Survey – Expectations jumps to 24.9 in October

FXstreet.com (Barcelona) - The Swiss ZEW Survey – Expectations improved to 24.9 points in October, from 16.3 points in September, the Centre for European Economic Research reported today. Market consensus pointed to less increase to 21 points.

Oct 16, 2013

EUR/GBP initially tumbles but soon pares all loses on UK data

The EUR/GBP was hovering around 0.8450 before the UK labor data released, but after the solid data reading lost abruptly 25 pips (touched 0.8245) to return soon at its prior levels.

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Oct 16, 2013

EMU: Trade surplus narrows to €7.1B in August

Eurozone Trade surplus n.s.a. narrowed to €7.1 billion in August from €18 billion in July, according to data released today by Eurostat. Analysts expected the surplus to narrow further to €6.5 billion.

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