Switzerland Unemployment Rate s.a (MoM) unchanged at 3% in April

GBP: Fiscal risk and gilt flows – BNY

BNY’s Geoff Yu argues that changing gilt ownership patterns limit downside for the Pound (GBP) even as United Kingdom (UK) fiscal risks rise. Foreign investors have already reduced exposure, leaving domestic buyers dominant.
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NOK: Norges Bank seen hiking and guiding higher – Danske Bank

Danske Research Team expects the central bank of Norway, Norges Bank to raise its policy rate by 25bp to 4.25% at the interim meeting, arguing there is little reason to delay given earlier hawkish signals.
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