| Zurich Market Talk - 09-01-2012 |
| 09.01.12 10:08 | |
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Burckhardt Compression appoints new Executive Board member. Martin Heller, Head of New Machine Sales at Burckhardt Compression and a member of the Executive Board, is handing over his management responsibilities to Dr. Daniel Schillinger on April 1, 2012. Mr. Heller will assume responsibility for Business Development on the same day. Link: Click Here Economy ******** Germany: November trade surplus (sa) hits EUR15.1bn on higher exports and lower imports. German exports (sa) rose 2.5% m/m in November, following a 2.9% m/m drop in October (revised from -3.6% m/m), reaching EUR90.7bn. Imports (sa) fell 0.4% m/m versus a 0.1% m/m gain (revised up from -1.0% m/m), reaching EUR75.7bn. Link: Click Here Bank Sarasin’s Global View: Cyclical upswing triggers a rally in 2012. The current Global View investment outlook for 2012 published by Bank Sarasin sees a continuation of the ultra-expansionary monetary policy of global central bankers. This should lead to a cyclical recovery in the first half of the year and an easing of the financial market turmoil. Link: Click Here |
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