NULL




The November FX Report has been delayed but should be released soon. We expect an emphasis on the changing approach towards a tighter scrutiny on US partners’ FX practices, but we don’t think we’ll see any FX manipulator designation by Treasury. Thailand should, however, join the Monitoring List, and Switzerland will remain a focus point for markets

Switzerland’s economy is under significant pressure due to the imposition of US tariffs on Swiss exports. As such, we have revised down our GDP growth forecasts




















