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BRUSSELS (dpa-AFX) - A measure signaling future turning points in the Swiss economy strengthened further in September to the highest level in five years, results of a survey by the KOF Swiss Economic Institute showed Tuesday.The barometer rose to 109.1 in September from a revised 106.7 in August. T…
Switzerland's KOF barometer rose to 109.1 points in September from a revised 107.5 in August, pointing to expected Swiss economic performance in about six months.
Swiss KOF Indicator Actual 109.1 (Forecast 106, Previous 106.7)
Swiss KOF Indicator
FINMA said Julius Baer committed serious violations of supervisory provisions on risk management and anti-money laundering. J.P. Morgan also raised Richemont's target price to CHF 235 from CHF 220, and the Swiss September KOF indicator is due at 0700 GMT, seen at +106.0.
Swiss KOF Indicator
Swiss KOF Leading Indicator Strongest Since November 2021
Swiss KOF Indicator
Swiss KOF Indicator beats forecast at 103.5
Switzerland releases economic indicator
Swiss KOF Indicator
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%
Consensus expectations: 99.0e v 98.0 prior
Prior revised higher from 98.0 to 98.6
Prior revised xxx from 98.0 to # - No revisions
Swiss KOF Indicator Actual 101.2 (Forecast 99, Previous 98.0,Revision 98.6)
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) ***As always times are subject to change*** **Economic data** - (MX) Mexico May Public Balance (MXN): No est v -220.8B prior - (BR) Brazil May Total Formal Job Creation: No est v 85.9K prior - (CO) Colombia
Swiss KOF Indicator