Highlights from the September 2018 SNB monetary policy meting 20 September 2018 Prior decision 3m Target LIBOR rate -1.25% unch Swiss Franc is highly valued Situation in FX markets is still fragile Unchanged 2018 CPI forecast 0.9% Lowers 2019 CPI to 0.8% vs 0.9% prior...
Here’s a recap of the data so far 30 January 2018 France Q4 2017 GDP flash 0.6% vs 0.6% exp q/q. Prior 0.6% 2.4% vs 2.3% exp y/y. Prior 2.3% Dec 2017 consumer spending -1.2% vs 0.3% exp m/m. Prior 2.2%. Revised to 3.0% Spain Q4 2017 GDP flash 0.7% vs 0.7% exp...
Prior was 62.0 Big beat while EURCHF is making a new high after failing 3 times in this 1.1715/25 zone. Without major risk off event , SNB seems to be succeeding to bring this baby back to 1.20 over time
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