Swiss KOF Leading Indicators (Jan) 102.5 vs. Exp. 103 (Prev. 103.6, Rev. From 103.4, Low. 102.5, High. 104)
The Swiss KOF Leading Indicators came in at 102.5, slightly below expectations of 103 and lower than the previous reading of 103.6.
European Movers: Swatch (UHR SW) +7.7%, Airtel Africa (AAF LN) +6.8%, Adidas (ADS GY) +3.6%, CaixaBank (CABK SM) +1.8%, Rentokil (RTO LN) -2.0%, Antofagasta (ANTO LN) -5.0%
Ukraine's President Zelensky says the compromise on territory has not yet been reached; Ukraine will not strike Russian energy infrastructure if Russia halts its attacks on Ukraine's energy infrastructure
Swiss KOF Leading Indicators (Jan) 102.5 vs. Exp. 103 (Prev. 103.6, Rev. From 103.4, Low. 102.5, High. 104)
French Private Non Farm Payrolls QoQ Prel (Q4) Q/Q -0.1% (Prev. 0.0%, Rev. From -0.1%)
French PPI MoM (Dec) M/M 0.2% (Prev. 2.8%, Rev. From 1.1%)
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This miss may indicate a weakening outlook for the Swiss economy, potentially complicating the Swiss National Bank's policy path as it weighs growth against inflationary pressures. Traders should watch for implications on the Swiss franc as well as any shifts in risk sentiment based on this data.
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