Swiss Manufacturing PMI (Jan) 48.8 vs. Exp. 47.9 (Prev. 45.8)
The Swiss Manufacturing PMI for January came in at 48.8, surpassing expectations of 47.9 and significantly higher than the previous reading of 45.8.
Iran's foreign Ministry says US President Trump has not set a deadline for negotiations, via Alhadath on X
Italian HCOB Manufacturing PMI (Jan) 48.1 vs. Exp. 48.1 (Prev. 47.9)
Swiss Manufacturing PMI (Jan) 48.8 vs. Exp. 47.9 (Prev. 45.8)
Spanish HCOB Manufacturing PMI (Jan) 49.2 vs. Exp. 49.9 (Prev. 49.6)
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This beat suggests an improvement in manufacturing sentiment, which could indicate a stabilization or potential recovery in the Swiss economy, thus impacting expectations for monetary policy and the Swiss franc.
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