Latest economic forecasts now out from Swiss government 15 June 2016
- 2017 GDP unchanged at +1.8%
- 2016 CPI -0.4% vs -0.6% prev
- 2017 CPI +0.3% vs +0.2%
- 2016 unemployment unchanged at 3.5%
- Brexit a risk factor for Swiss economy
- see uncertainty about potential recovery during rest of 2016/2017 in sectors hit heavily by weak European economy and strong swiss franc over the past few years
Cautious optimism on inflation from the Swiss govt and ofc the now obligatory Brexit get-out card.
SNB and Jordan coming up at 07.30 GMT
USDCHF 0.9588 near session lows with EURCHF holding 1.0800
