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- Nov, 20 USD Graphic Rewind
- Nov, 20 Opening Comment
- Nov, 20 Overnight Interest Rate Update 11.19.09
- Nov, 19 Japanese Yen Benefits on Risk Aversion, New Zealand Dollar Falters
- Nov, 22
- Nov, 19 Overnight Interest Rate Update 11.19.09
- Nov, 18 Swiss Franc Strengthens on U.S. Dollar Weakness, British Pound Falters
- Nov, 18 Canadian Consumer Prices Expand for the First Time in 5 Months
- Nov, 18 Opening Comment
- Nov, 18 Overnight Interst Rate Update 11.18.09
- Nov, 17 British Pound Remains Bid, Canadian Dollar Underperforms
- Nov, 17 U.K. Inflation Tops Forecast
- Nov, 17 Overnight Interest Rate Update 11.17.09
- Nov, 17 USD Graphic Rewind
- Nov, 16 Canadian Dollar Outperforms, Japanese Yen Lags Behind
- Nov, 16 Euro-Zone Consumer Prices Weaken For Fifth Month in October
- Nov, 16 Overnight Interest Rate Update 11.16.09
- Nov, 13 US Confidence Falls for Second Month
- Nov, 13 Overnight Interest Rate Update 11.13.09
- Nov, 13 German GDP Posts 2nd Quarterly Advance; Rises to 0.7%
The headline reading for Switzerland’s Consumer Price Index showed that consumer prices climbed 0.6% in October from 0.0% in September, while tumbling 0.8% year-end, which is greater than economists’ expectations of a 0.7% decline. The report from the Swiss Statistics Office in Neuchatel illustrated the largest decrease in petroleum and energy products from a year ago which has fallen 23.3% and 14.4% successively. Looking ahead, the pace of falling prices may ease as the global economy slowly recovers in coordination with a rise in demand for crude oil. As for now, while households continue to scale back spending due to rising unemployment, consumer prices may decline further than the anticipated 0.5% as forecasted by the Swiss National Bank. With no inflationary threats as of yet, the central bank may continue to keep rates at 0.25% until prices begin to rise towards 0.6% in 2010 as foreseen by the SNB.
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