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Switzerland: Trade surplus widens less than expected in January

Swiss Trade surplus widened to CHF2.126 billion in January from CHF0.904 billion in December, according to data released today by the Swiss Statistics Office. Analysts expected the surplus to widen slightly more to CHF2.200 billion.

Exports increased to CHF16.738 billion in January, from CHF13.959 billion in December. Imports rose to CHF14.612 billion from CHF13.054 billion.

Switzerland Jan Imports (MoM) rises to 14.612B vs 13.054B in Dic.

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Asian markets down on FOMC and Chinese property price controls

Most Asian equity indexes edged lower on Thursday, possibly due to a lack of consensus on extending US QE by key FOMC members and the introduction of Chinese property price controls. Mainland China's Shanghai Composite shed -2.84%, Hong Kong's Hang Seng fell -1.77%, South Korea's Kospi dropped -0.47% and Japan's Nikkei Stock Average eased -1.39%.
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