Swiss Foreign Exchange Reserves (Dec) 725B (Prev. 727B, Rev. 727.386B)
The slight decrease in Swiss foreign exchange reserves from the previous month could suggest a minor shift in the central bank's currency management strategy.
European Movers: Glencore (GLEN LN) +8.2%, BNP Paribas (BNP FP) +3.1%, Antofagasta (ANTO LN) +3.0%, BMW (BMW GY) -0.3%, Aviva (AV/ LN) -1.0%, Rio Tinto (RIO LN) -2.2%, Sainsbury's (SBRY LN) -2.6%
China's Auto industry body CPCA announced 2.28mln passengers cars was sold in December, marking a 14.5% decrease Y/Y
Swiss Foreign Exchange Reserves (Dec) 725B (Prev. 727B, Rev. 727.386B)
Taiwan Balance of Trade (Dec) 19.43B vs. Exp. 16.1B (Prev. 16.09B, Rev. 16.09B)
Japan megabanks are to jointly lend USD 1.5bln to the Saudi government
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While the change is within a typical range and not likely to impact monetary policy immediately, it may signal a cautious approach as the SNB navigates current global economic conditions.
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