Latest Swiss trade data out a short while ago

  • exports real mm -2.1% vs +6.4% prev revised up from +5.4%
  • imports real mm+0.2% vs +4.0% prev revised up from +3.5%

Exports hit again by fall in watch sales, down 5.6% yy

USDCHF 0.9926 EURCHF 1.0834 both in tight range for the moment