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Switzerland September CPI +1.0% vs +1.0% y/y expected

Switzerland September CPI 0.0% vs 0.0% m/m expected Prior +0.4% Switzerland September CPI +1.0% vs +1.0% y/y expected Prior +0.8% Switzerland September core CPI +0.5% y/y Prior +0.4% The breakdownThe readings for September fall within expectations, with headline annual inflation increasing to 1.0% while the monthly figure comes in flat. Once again, energy was the main culprit with prices for…

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What are the main events for today?

EUROPEAN SESSION In the European session, the only highlight is the Swiss CPI data which is expected to increase to 1.0% vs 0.8% prior. The data won't change anything for the SNB, though, as the central bank remains comfortable keeping monetary policy steady with core inflation within target. We will also get the final PMIs for the major Eurozone economies and the UK, but the market focuses more…

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UK Nationwide house prices fall 0.2% in September as annual growth halves

UK September Nationwide house prices -0.2% vs 0.0% m/m expected Prior +0.2% UK September Nationwide house prices +0.8% vs +1.3% y/y expected Prior +1.6% The breakdownIt's a softer report across the board. Annual house price growth halved to 0.8%, its weakest pace since December 2025, while prices also slipped 0.2% on the month. Nationwide notes that activity remains subdued amid economic…

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