Switzerland Trade Balance below expectations (3820M) in November: Actual (3144M)

The U.S. Federal Reserve raised the interest rates from its record low levels for the first time since 2006. On 16th December the Fed finally increased the Fed funds target range by +25bps to 0.25%-0.5%. Speculations run high as markets try and gauge the number of subsequent rate hikes that can be expected in 2016.