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Hong Kong's Consumer Prices Rise 1.5% in June
The larger increase was due mainly to a year-over-year decline in the government's provision of electricity charges subsidy as compared to June 2023.
CHF: It Is Unclear When SNB Plans to React – Commerzbank
The Swiss Franc (CHF) benefited significantly on Wednesday both against the US Dollar (USD) and the Euro (EUR), Commerzbank FX analysts Ulrich Leuchtmann and Michael Pfister note.
Hong Kong's Unemployment Rate Remains Consistent in April-June
The unadjusted unemployment rate also stayed the same across the two periods at 1.2%.
Switzerland Books Highest Quarterly Trade Surplus in Q2
Switzerland recorded its highest quarterly trade surplus of 12.45 billion francs in the second quarter of 2024, after 9.38 billion francs in the previous three months, the Federal Office for Customs and Border Security said Thursday.
Short-term Hong Kong dollar interbank rates rise, overnight interbank rates rise to 4.48%, reaching a new high in nearly a week.
On July 16th, the short term interbank rates for Hong Kong dollars increased, but long term rates remained soft. Among them, overnight rates rose slightly by 4 basis points to a new high of 4.48131% in the past week.
Swiss Monthly Producer, Import Prices Unchanged in June
Switzerland's monthly producer and import price index was flat in June, following a 0.3% decrease in May, data from the country's Federal Statistical Office showed Monday.Analysts expected a 0.1%