Data out a few moments ago

  • CHF +2.86bln prev revised down from +2.87bln
  • exports real mm +0.2% vs -2.0% prev revised up from -2.4%
  • imports real mm +2.6% vs -3.4% prev revised up from -4.0%
  • gold exports fell to 141.5 tons in Sept
  • Q3 watch exports decline -7.2% on adjusted terms

Trade balance under expectations but improvement on last data. Decline in watch exports indicates slower global spending

USDCHF 0.9556 EURCHF 1.0826 both doing little at the moment

Swiss trade balance mm