Swiss President to use his mojo, but not like BoJo

After years of inaction, the recent round of Swiss-EU talks on a new bilateral “framework agreement” suggest there is finally some light at the end of the tunnel, which would help remove some economic uncertainty. Next week, the Riksbank’s meeting on Tuesday is the main event, but it is likely to be a pretty boring affair. Meanwhile, the Swedish GDP indicator for Q1 is set to confirm that the economy made a reasonably bright start to 2021, while we expect the Swiss KOF Economic Barometer to have risen further in April.