Swiss Producer & Import Prices MoM (Jan) M/M -0.2% vs. Exp. 0.1% (Prev. -0.2%)
The Swiss Producer and Import Prices report showing a month-over-month decline of 0.2%, against expectations for a 0.1% increase, signals potential weakness in pricing power and demand within the Swiss economy.
Iran Foreign Ministry spokesperson says there are discussions about the presence of IAEA's Grossi in the third round of negotiations, Iran International reports; adds that Iran is working on a draft for any possible understanding
India confirms it will be amending its tax treaty with France, dropping the most favoured nation clause
Swiss Producer & Import Prices MoM (Jan) M/M -0.2% vs. Exp. 0.1% (Prev. -0.2%)
Iran's Foreign Ministry says they hope to have another round of talks with the US in the coming days
Iranian Foreign Ministry spokesperson says media reports concerning an interim agreement with the US are unfounded, AJ Breaking reports
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This unexpected drop may raise concerns about inflation trends, possibly influencing the Swiss National Bank's policy outlook, particularly if it showcases a sustained trend that could affect interest rate decisions. Watch for cross-asset implications, particularly in Swiss equities and the franc, as market participants reassess growth expectations.
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