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The Swiss Manufacturing PMI data for July are due at 09:30 (GMT+2). The indicator reflects the level of activity of purchasing managers in the manufacturing sector and is one of the important indicators characterizing the degree of confidence of large business in the economic development of the country. It is likely that in July the value will drop from 44.9 points to 44.2 points, which, in turn, may put pressure on the franc.
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