Swiss GDP QoQ: -0.5% (Forecast -0.4%, Previous 0.1%)
- Swiss GDP YoY: 0.5% (Forecast 0.6%, Previous 1.2%)
Swiss KOF Indicator (October): 101.7 vs 101 exp. and 101.3 previously
Spanish CPI (flash)
- YoY: 3% vs 3% exp. and 3.1% previously
- MoM: 0.2% vs 0.1% exp. and 0.07% previously
Spanish HICP (flash)
- YoY: 3.1% vs 3% exp. and 3.2% previously
- MoM: 0% vs -0.2% exp. and 0.5% previously
Weak data from Switzerland highlight the country’s broader economic challenges. For now, however, the Swiss franc remains distinctly strong against the US dollar, with the USDCHF pair holding its long-term downward trend.
Source: xStation5
Economic calendar: German CPI and Canadian GDP in focus
Consumer spending rises in France; inflation prelim declinesš
EURNOK muted after weak Germany retail sales and Norwegian unemployment
Morning wrap (28.11.2025)
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