Swiss

The Swiss National Bank (SNB) announced a 25 basis point interest rate cut on Thursday 26 September 2024, to 1.00% as was widely expected. This marks the third consecutive interest rate cut by the central bank, which also indicated that…

The Swiss National Bank, which started the global trend of monetary easing in March, made its third rate cut on Thursday, cutting the rate by 25 basis points to 1%. Switzerland has largely avoided the spike in inflation seen in much of the…

By Chuck Mikolajczak NEW YORK (Reuters) - The dollar fell in volatile trading on Thursday after a slew of U.S. data pointed to a relatively strong economy, while the Swiss franc rose after the country's central bank cut interest rates by…

ZURICH (Reuters) - Switzerland's financial market regulator has ordered an audit into Credit Suisse's handling of the events that led to its collapse in 2023, when it was taken over by old rival UBS, the SonntagsZeitung newspaper reported…

The Swiss National Bank may engage in a prolonged monetary easing cycle due to an unexpected slowdown in inflation in Switzerland and a strong Swiss franc, according to a report by Gavekal Research. Inflation in Switzerland fell to 1.1%…

Monday:US & Canada Final Manufacturing PMI (Labor Day), Eastern Europe & UK Final Manufacturing PMI (August), China Caixin Final Manufacturing PMI (August)Tuesday: Swiss CPI (Aug), Swiss GDP (Q2), Turkish CPI (Aug), US ISM…

ZURICH (Reuters) - Debt levels in the United States and Europe pose a risk to international financial stability and to Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper interview published on Saturday. In an…

In a surprise move, the central banks of Norway and Switzerland have emerged as significant shareholders in MicroStrategy, a Virginia-based business intelligence firm. The development has sparked speculation about…

Bank of America Securities analysts highlighted the Swiss National Bank's recent intervention in foreign exchange markets, which was aimed at weakening the Swiss franc amid significant market turmoil. Bank of America expects further…

ZURICH (Reuters) - The Swiss franc rose to its highest level against the euro in nearly a decade on Monday, as heavy losses in stock markets, concerns about U.S. and global growth and tensions in the Middle East lured investors to the…