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      Switzerland: CPI falls 0.3% in January, as expected

      Swiss inflation dropped for the third consecutive month by 0.3% in January, following a 0.2% decrease in December, according to data released today by the Swiss Federal Statistical Office. On a yearly basis Swiss inflation slid 0.3%, after declining 0.4%. Both results are in line with market consensus.

      Switzerland Consumer Price Index (MoM): -0.3% in Jan; -0.3% (YoY)

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      Forex Flash: What lies ahead of EUR/USD? – Commerzbank and UBS

      The shared currency is trading in a defensive position on Tuesday, hovering over the 1.3370/75 region against the backdrop of the Eurogroup gathering and the G20 meeting on Friday...
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