0805 GMT [Dow Jones] The Swiss April PMI data suggests the economy will continue to expand, and could even start generating some signs of inflation, according to Swissquote. "The gains were good in all sub-indexes suggesting that last month's pullback in the index was most likely an anomaly," says analyst Peter Rosenstreich. "With questions over the sustainability of the Fed's current tapering path, indecision in the European Central Bank and tensions in the Ukraine mounting, the franc should continue to outperform the dollar and euro," he argues. (neil.maclucas@dowjones.com)
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May 02, 2014 04:05 ET (08:05 GMT)
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