Previous Trading Days Events 04 Dec 2023

The Swiss consumer price index CPI fell by 0.2 in November 2023 compared with the previous month reaching 106.2 points.

Inflation has actually increased by 1.4 compared to the same month last year yearly comparison according to the Federal Statistical Office FSO.

The 0.2 is due to several factors including lower prices for hotels and international package holidays. Prices for fuels, heating oil and fruiting vegetables also fell. In contrast, housing rentals and imputed rents for owneroccupied dwellings increased.

Source httpswww.bfs.admin.chbfsenhomestatisticspricesconsumerpriceindex.html

Winners vs Losers

The JPY has appreciated greatly against other currencies this week. The pairs JPY as quote are currently going downwards.
USD gains strength. USDCHF is on the top of the list below with 0.62 gains this week so far.

News Reports Monitor Previous Trading Day 04 Dec 2023

Server Time Timezone EEST UTC 0200

Midnight Night Session Asian

No significant news announcements, no special scheduled releases.

MorningDay Session European and N. American Session

Swiss consumer prices fell by 0.2 in November according to the report released at 930. This fall is due to several factors including lower prices for hotels and international package holidays. Falling prices were recorded also for fuels, heating oil and fruiting vegetables. The market reacted with CHF depreciation causing some moderate moves for pairs….