Swiss KOF Leading Indicators (Mar) 96.1 vs. Exp. 102 (Prev. 104.2)
The Swiss KOF Leading Indicators for March came in significantly below expectations at 96.1, compared to an anticipated 102 and a prior reading of 104.2.
Two China-linked ships, owned by Cosco Shipping (601919 CN), appear to attempt to cross the Strait of Hormuz
Iranian Parliament's National Security member Borujerdi says the time has come for Iran to withdraw from the Nuclear Non-Proliferation Treaty and the permanent monitoring of the Strait of Hormuz, IRNA reports
Swiss KOF Leading Indicators (Mar) 96.1 vs. Exp. 102 (Prev. 104.2)
SocGen sees a growing likelihood of Brent topping USD 150/bbl amid the Iran war; says Brent may average USD 125/bbl in April amid the Middle East situation
Apple (AAPL) has requested that Samsung (005930 KS) and LG (003550 KS) produce iMac OLED samples, Zdnet reports citing sources
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This sizeable miss suggests weakening economic momentum in Switzerland, which could have implications for monetary policy and may pressure the Swiss franc as it challenges the growth outlook.
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