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Switzerland August PPI 0.0% vs 0.0% m/m expected

Latest data released by the Swiss Federal Statistics Office – 13 September 2018 – +0.1% – PPI +3.4% vs +3.4% y/y expected – Prior +3.6% ForexLive In-line with expectations there as producer and import prices continue to hold up well in the Swiss economy. It’s a rough gauge of inflationary pressures and that should continue…

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FTSE MIB falls as European equities open sluggishly

Italy’s main index leads declines ForexLive This comes of course as BTPs are a little weaker following a earlier that economy/finance minister Tria is said to have threatened to resign over the budget. Other than that, it’s pretty much flat tones everywhere else as European investors aren’t picking up the tone set from Asian equities.