GDP YoY +1.1% vs previous +0.7%
No impact on the markets, USDCHF 0.9691
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Swiss GDP Q1 s.a +0.3% (QoQ) vs exp +0.4%
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- PBOC sets USD/ CNY mid-point today at 6.8635 (vs. estimate at 6.8233)
- Australia’s growth pulse cools, Leading Index dips below trend
- Trump weighs extending Jones Act waiver. Policy shift eases US fuel costs amid Iran war
- Trump rambling, wants a deal but also threatens to "blow up the rest of their Country"
- Maritime crackdown widens against Iran-linked shipping. Oil tanker seized in Indian Ocean
- JPMorgan raises S&P 500 target to 7,600 (from 7,200). AI, tech earnings drive bullish view
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