Swiss Unemployment Rate (Mar) 3.1% vs. Exp. 3.2% (Prev. 3.2%)
The Swiss unemployment rate for March came in at 3.1%, beating expectations of 3.2% and remaining unchanged from the previous month.
European Movers: Close Brothers (CBG LN) +19.8%, Antofagasta (ANTO LN) +15.0%, Evotec (EVT GY) +6.2%, Bayer (BAYN GY) +4.1%, Reckitt Benckiser (RKT LN) +4.0%, Danone (BN FP) +1.2%, Shell (SHEL LN) -9.0%
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Swiss Unemployment Rate (Mar) 3.1% vs. Exp. 3.2% (Prev. 3.2%)
French Balance of Trade (Feb) -5.8B vs. Exp. -2.3B (Prev. -1.8B)
French Imports (Feb) 57.8B (Prev. 55.3B)
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This slightly positive print may suggest a tighter labor market, which could have implications for Swiss monetary policy moving forward. Traders should consider whether this data reinforces or alters recent trends in economic growth or inflation expectations.
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