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Commerzbank economists report that the Swiss National Bank (SNB) intends to continue fighting against excessive inflation.

Switzerland's economic indicators increased 0.2% in Q3 compared to the previous reporting period. Official data were released on Tuesday, indicating a 0.5% year-on-year increase.

Germany's economy was originally expected to grow 0.3% in the third quarter, but thanks to solid consumer spending, growth was 0.4%, showing a better-than-expected performance.

The GfK institute poll showed that in December the sentiment of German consumers likely won’t change. It happens thanks to the energy measures of the government which help to keep up citizen’s morale.

Recently bank Societe Generale has recommended that clients hold part of their savings in gold to stabilize their investment portfolio. It occurred because lately, the price of this precious metal has demonstrated stable and steady growth.