Decline continues, Switzerland and Spain draw attention
2011-12-15 15:56:02
Swiss National Bank meets today to determine its campaign of currency intervention while a Spanish bond auction will offer more signs on the depth
of Europe's debt crisis. Potential downgrades coming for the majority of EU countries causes investors transfer their funds into safer assets, such as
U.S. dollar, Treasuries and German government bonds are seen today. UAIndex was down -1.35% yesterday, along with other major indices, only
London FTSE-100 showing growth (recall: Great Britain is still the only country completely vetoing new changes to EU Treaty).
UAIndex