Swiss Balance of Trade (Feb) 4.4B (Prev. 3.6B)
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[MARKET UPDATE] European gas prices surge over 25% following the Qatar LNG plant attack
[MARKET UPDATE] European gas benchmarks see upside of c. 30% QatarEnergy confirmed Ras Laffan Industrial City had been subjected to missile attacks
Swiss Balance of Trade (Feb) 4.4B (Prev. 3.6B)
Kuwait Petroleum Corporation says one of the operational units at Mina Al-Ahmadi refinery was targeted on Thursday by a drone, resulting in limited fire, no casualties reported
[MARKET UPDATE] Gold continues to falter down to a USD 4747/oz low, technicians highlight the 100-DMA at USD 4597/oz. Move potentially exacerbated by XAG losing its 100-DMA at USD 73.43/oz
On the Newsquawk feed at , 20 minutes before this page.
Context
The Swiss balance of trade for February came in at 4.4 billion, up from the previous 3.6 billion, indicating stronger trade dynamics. This improvement could suggest resilience in the Swiss economy, potentially influencing the CHF's strength against major currencies as market participants reassess their outlook on Swiss exports and overall economic health.
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