Swiss economy released its growth data, showing that the economy managed to expand during fourth-quarter of 2010 by 0.9%, compared with the previous 0.7% that got revised to 0.8, while analysts expected 0.5% expansion.

An expansion of 3.1 percent was recorded on the yearly basis, compared with the previous 3.0 percent that got revised to 2.6 percent, where the actual reading came higher than market expectations of 2.7 percent.