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Swiss consumer sentiment at -19 in Q1 after -24 points in Q4

By   || February 9, 2012 at 06:47 GMT
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Better than median forecast of -22.

As I won’t be here much longer this week,  probably a good time to mention the release of latest Swiss CPI data at 08:15 GMT Friday, expected -0.3% m/m, -0.8% y/y.

Very very important data as the market looks for signs of accelerating deflationary pressures in the Alpine country.

 Weaker than expected data should help underpin the EUR/CHF cross, which presently sits at 1.2100.

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