Swiss KOF Summer Economic Forecasts:

Newsquawk Staff · 17 Jun 2026, 07:35 UTC

Cuts 2026 GDP growth to 0.8% (prev. 1.0%)
Cuts 2027 GDP growth to 1.5% (prev. 1.7%)
Raises 2026 inflation forecast to 0.6% (prev. 0.3%)

What our latest note said

US Market Open, 21 Oct, 10:29 UTC · what it led with

Pakistan Army Chief Munir brought the "final warning" from the United States to Iranian officials, which called on Iran to submit to the US demands for concessions on the nuclear issue before taking any other steps.
The UK government has approved the Jackdaw North Sea gas field.

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Riksbank maintains its rate at 1.75% as expected; assesses that the probability of a rate increase later this year remains; there is considerable uncertainty and developments call for vigilance
EUR/SEK+0.3%
Norges Bank maintains its rate at 4.25% as expected; may still become necessary to raise the policy rate
EUR/NOK+0.6%
Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%

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