Petroleum sales show seasonal fall

The total sales of petroleum products recorded a decrease of 1.6% compared to the previous month in April according to the Statistical Services. In April alone significant decreases month on month were

Citigroup expects Swiss rate hike

The Kof economic Barometer rose to 1.96 in May after 1.90 in April (not revised). The May figure is slightly above Citigroup forecast, and the consensus, of 1.95. For the fifth month

UBS: GBP bonds offer good entry levels

As expected, the Bank of England raised its base rate to 5.5%, as economic growth remained firm and inflation risks tilted to the upside. Even though annual inflation (CPI) fell to 2.8%