| Zurich Market Talk - 25-11-2011 |
| 25.11.11 07:05 | |
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u‑blox, the Swiss positioning and wireless chip and module company, is pleased to announce that McMurdo Ltd, a leading provider of emergency location beacons, has chosen u-blox as its supplier of GPS receiver modules for its SafeLink R10 and Smartfind S10 marine safety beacons. Link: Click Here Economy ******** The Swiss Economy in 2012: In the Shadow of the Euro Crisis. The euro crisis continues to weigh on markets, with economic momentum in Europe fading unexpectedly quickly. The situation facing the Swiss economy has also deteriorated as a result. Credit Suisse economists are now forecasting growth in Swiss gross domestic product (GDP) of 0.5% (previously 2%) for the Swiss economy in 2012. Link: Click Here Correlation, correlation, correlation. The Financial crisis in 2008 became synonymous with the risk on/risk on trade. Correlations between assets strengthened dependent on whether they were consider a risk asset or not. These correlations persisted through 2009 and then began to relax as confidence in the global recovery began to strengthen and assets started to take direction again from their various domestic fundamentals. Link: Click Here |
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