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Friday, 24 February 2012

MARKET TALK: DATA PREVIEW: Swiss Feb KOF Index Seen Up At -0.11

The KOF barometer of leading Swiss indicators is estimated to have edged higher to -0.11 in February, from -0.17 in January, according to the average of forecasts from five economists compiled by Dow Jones Newswires. The KOF barometer is expected to bottom out after its recent downward trend, in line with the improving global business climate, but it's still indicating weaker Swiss economic momentum in the coming six months. The data are due Feb. 29 at 0800 GMT.

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