Switzerland’s Economic Recovery gains momentum
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Author: Swiss Statistics
Categories: Swiss and European Macro
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Economic forecasts by the Federal Government’s Expert Group – Winter 2017/2018* The Federal Government’s Expert Group expects the Swiss economy to make a speedy recovery over the next few quarters. While only moderate GDP growth of 1.0% is anticipated in 2017 due to a weak first half of the year, the forecast for GDP growth in 2018 is strong at 2.3% in the course of the global economic upturn.
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FX Daily, December 19: US Equities Set Pace, While Greenback Consolidates Inside Monday's Ranges
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Author: Marc Chandler
Categories: FX Trends
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US tax changes appear to be providing fuel for the year-end advance that has carried the major indices to new record highs. The coattails are a bit short, and while global equity markets are firm, they are unable to match the strength of US. Despite a heavier tone in Japan, Taiwan, and Korea, the MSCI Asia Pacific Index edged higher for the second session but remains around one percent below the record highs set in late November.
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Great Graphic: Sterling Toys with Three-Year Downtrend Line
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Author: Marc Chandler
Categories: FX Trends
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Sterling is the second major currency this year after the euro (and its shadow the Danish krone). The downtrend line from mid-2014 is fraying. Is this the breakout?
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Weekly Technical Analysis: 18/12/2017 - USD/CHF, USD/JPY, EUR/USD, GBP/USD, EUR/CHF
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Author: Raffi Boyadjian
Categories: FX Trends
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The USDCHF pair traded with clear negativity yesterday to break 0.9892 level and settles below it, which stops the recently suggested positive scenario and put the price within the correctional bearish track again, noting that there is a bearish pattern that its signs appear on the chart, which means that breaking its neckline at 0.9840 will extend the pair's losses to surpass 0.9800 and reach 0.9730 as a next station.
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Switzerland Is Well-Prepared For Civilizational Collapse
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Author: Alex Tabarrok
Categories: Global News on Switzerland
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More than any other country, Switzerland’s ethos is centered around preparing for civilizational collapse. All around Switzerland, for example, one can find thousands of water fountains fed by natural springs. Zurich is famous for its 1200 fountains, some of them quite beautiful and ornate, but it’s the multiple small, simple fountains in every Swiss village that really tell the story. Elegant, yes, but if and when central water systems are destroyed these fountains are a decentralized and robust system for providing everyone with drinkable water.
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National Precious Metals Company Announces Sound Money Scholarship Winners
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Author: Jp Cortez
Categories: Gold and Bitcoin
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December 13, 2017 (Eagle, Idaho) -- A national precious metals dealer has selected four outstanding students to receive tuition assistance from America’s first gold-backed scholarship fund. Beginning last year, Money Metals Exchange, a national precious metals dealer recently ranked “Best in the USA,” teamed up with the Sound Money Defense League and well known members of academia and freedom-minded non-profits to offer the first gold-backed scholarship of the modern era.
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