Data just out

  • +CHF 3.41bln prev revised down from +3.43bln
  • exports real mm -0.9% vs +1.1% prev revised down from +5.4%
  • imports +2.2% vs -1.2% prev revised up from -3.0%

Exports weaker on stronger franc impact. Imports showing expected improvement as buying power increases

Apologies, I got the headline a** about face originally. Damn these early mornings. lol

Not a real price mover anyhow. More one for the general assessment files

  • gold exports fell to 98.5 tons
  • watch exports fell 0.5%

USDCHF 0.9635 EURCHF 1.0430