Today's economic indicators focus on key data from the United States and Switzerland. The U.S. jobless claims figures provide insights into the labor market's health, with mixed signals from the initial and continuing claims. In Switzerland, the SNB's interest rate decision remains unchanged, reflecting stability in their monetary policy. Both nations' figures have varying implications for their respective currencies in the global market.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Producer Price Index MoM (Nov) | 2025-12-11 13:30:00 | โ | โ | 0.3 | โ | High |
| Continuing Jobless Claims (Nov/29) | 2025-12-11 13:30:00 | 1937K | 1838K | 1950K | -99K | High |
| Producer Price Index MoM (Oct) | 2025-12-11 13:30:00 | 0.3% | โ | 0.4% | โ | High |
| Jobless Claims 4-Week Average (Dec/06) | 2025-12-11 13:30:00 | 214.75K | 216.75K | 218K | 2K | High |
| Initial Jobless Claims (Dec/06) | 2025-12-11 13:30:00 | 192K | 236K | 220K | 44K | High |
๐ The continuing jobless claims decreased significantly, suggesting a strengthening labor market, while initial claims showed an unexpected rise, indicating potential volatility. This mixed labor market picture could introduce slight uncertainty in the currency markets.
๐ฃ๏ธ For the USD, an upcoming Producer Price Index that exceeds estimates could bolster the currency, by supporting expectations of higher inflation and potential rate hikes. The labor market data offers a mixed sentiment, suggesting cautious optimism.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| SNB Interest Rate Decision | 2025-12-11 08:30:00 | 0% | 0% | 0% | 0% | High |
๐ The SNB's decision to maintain interest rates at 0% highlights continued caution amidst stable economic conditions. This reflects a consistent monetary policy stance supporting economic growth.
๐ฃ๏ธ For the CHF, the stable interest rates maintain the franc's appeal as a safe-haven currency, potentially supporting its valuation in times of global uncertainty.
โ The data released today present a nuanced picture. While the U.S. job market data is mixed, the potential positive implications for the USD from a positive PPI release can be supportive. Meanwhile, the CHF remains stable due to unchanging SNB policies. Overall, the USD may experience slight volatility, while the CHF is expected to maintain steady strength.