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Swiss economy returns to growth in fourth quarter
ZURICH, Feb 27 (Reuters) - Switzerland's economy returned to growth in the fourth quarter, the government said on Friday, confirming preliminary data published earlier this month, as the country recovered from the shock of high U.S. tariffs imposed earlier in the year.Export-orientated Switzerla...Reuters
Fri, Feb 27
EUR/USD: Pair holds near 1.18 as Euro inflation eyed – Danske Bank
Danske Bank’s Danske Research Team notes that EUR/USD is trading close to 1.18 as markets await key Euro area inflation data. The bank expects Euro area HICP inflation to edge up slightly to 1.73% year-on-year, with core inflation steady at 2.2%.Fxstreet
Fri, Feb 27
GBP/USD: Back into range after failed breakout – UOB
UOB strategists Quek Ser Leang ve Lee Sue Ann note that GBP/USD reversed sharply from 1.3575 to 1.3447, invalidating the earlier bullish bias. Intraday, they expect a consolidation between 1.3455 and 1.3525 as the latest drop looks excessive.
Fxstreet
Fri, Feb 27
German rail operator and union reach wage agreement, averting strikes
BERLIN, Feb 27 (Reuters) - Germany's Deutsche Bahn and the GDL train drivers' union reached a wage agreement on Friday, averting strikes that had threatened to hit passenger and freight transport at a sensitive moment for the state-owned rail operator.A GDL spokesperson confirmed the deal ea...Reuters
Fri, Feb 27
EUR/GBP drifts higher to near 0.8750 on UK political uncertainty, German CPI inflation looms
The EUR/GBP cross holds positive ground near 0.8750 during the early European session on Friday. The Pound Sterling (GBP) softens against the Euro (EUR) amid a combination of UK political uncertainty and expectations of monetary easing by the Bank of England (BoE).
Fxstreet
Fri, Feb 27
Bedrooms for sale highlight the depths of Europe's housing crisis
Spanish startup Habitacion.com sells bedrooms in shared flats, pairing buyers through a compatibility testIn Britain, mortgages are tailored to groups of friends and in several countries zero-deposit mortgages are making a comebackAnalysts say unconventional solutions reflect how younger Europeans a...Reuters
Fri, Feb 27
ANALYSIS-Under siege from politics, central bankers fight back - at a cost
Politicians clamour for lower borrowing costsCentral bankers dig in to defend independenceDecade of money printing sets difficult precedentConflict opens debate about central banks' roleBy Francesco Canepa, Howard Schneider and Leika Kihara FRANKFURT/WASHINGTON/TOKYO, Feb 27 (Reuters) - U...Reuters
Fri, Feb 27
