Swiss Producer & Import Prices MoM (Apr) M/M 0.8% vs. Exp. 0.1% (Prev. 0.2%)
The Swiss Producer and Import Prices for April showed a significant increase of 0.8% month-on-month, far exceeding the expectation of 0.1% and up from the previous 0.2%.
At the UK Cabinet meeting (c. 09:30BST), PM Starmer will be given the chance to "go gracefully" or face ministerial resignations, Huffington Post's Schofield reports
Iranian Parliamentary spokesperson says "One of Iran's options in the event of another attack could be 90 percent enrichment. We will review it in the parliament."
Swiss Producer & Import Prices MoM (Apr) M/M 0.8% vs. Exp. 0.1% (Prev. 0.2%)
UK Chief Secretary to the PM, Jones, indicates that PM Starmer could be about to announce a timetable for his resignation, according to Times' Swinford. Jones says "I'm not going to get ahead of the PM's decision"
[CALENDAR ADDITION] UK Chancellor Reeves at 11:00BST, speaking at a Global Risk Summit
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This stronger-than-expected print may signal rising inflationary pressures, potentially impacting Swiss monetary policy decisions and the strength of the Swiss Franc going forward.
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