ECB easing will inevitably contribute to euro fall – SNB’s Zurbruegg

FXStreet (Mumbai) - Swiss National Bank’s (SNB) vice-president Zurbruegg said today the ECB measures to spur Eurozone recovery will inevitably contribute to a fall in the Euro.

Key Quotes

Does not see deflation risk in Switzerland

Economy under pressure but holding up overall

China: First annual industrial profit contraction since 1998 - Nomura

Research Team at Nomura, notes that China witnessed its first annual industrial profit contraction since 1998 which highlights the stress on the industrial sector and the whole economy.
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Hungary Unemployment Rate (3M) remains unchanged at 6.2% in December

Hungary Unemployment Rate (3M) remains unchanged at 6.2% in December
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