No one likes negative rates But if we have to, we are prepared to do it again We expected Swiss inflation to come down And …
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Final Services PMI 49.0 vs. 48.8 preliminary Prior 50.9 Final Composite PMI 50.1 vs. 49.7 preliminary Prior 51.3 Key findings: Germany Services PMI Business Activity …
Prior 47.9 Composite PMI 47.8 vs 47.3 prelim Prior 48.0 The slight revision higher doesn’t take away from the fact that French business activity has …
Services PMI 52.9 vs. 51.5 expected Prior 52.0 Composite PMI 52.1 vs. 50.5 prior. Key findings: Output and new orders up at sharper rates in …
Proposed 0 for 0 tariffs on industrial goods. Accelerating trade talks with India among others. Another €170B US-exports may be impacted by tariffs. Ready to …
The Swiss franc has really appreciated a lot We have said we are ready to intervene in the FX market as necessary After the latest …
Fundamental Overview Gold erased last week’s losses in just a couple of days. It’s unclear what was the catalyst though. I can cite the usual …