Swiss CPI in June came in 1.3% vs 1.4% exp. and 1.4% previously (0% MoM vs 0.1% exp. and 0.3% previously)
- Swiss Core CPI came in 1.1% YoY vs 1.3% exp. and 1.2% previously
Unadjusted unemployment rate came in 2.3% vs 2.2% exp. and 2.3% previously
Swiss SNB lowered interest rates in the last 2 meetings and today's data 'supported' those decisions. USDCHF gains after the readings.
Source: xStation5
Economic calendar: US Non-Farm Payrolls and Supreme Court decision on tariffs in focus🗽
BREAKING: Weak macro data from Germany 🚨Norwegian CPI rises
Morning wrap (09.01.2026)
Daily summary: exceptionally low US trade deficit; dollar remains strong 📌