SNB’s Schlegel dodges question on the addition of “if necessary” about FX intervention
Energy prices still determined by war situation If necessary our readiness to intervene in forex market is higher, difficult to say if it is more or less than before We…
Read More »Hong Kong overtakes Switzerland as world’s top cross-border wealth hub on China ties, report shows
Original source: https://www.investing.com/news/stock-market-news/hong-kong-overtakes-switzerland-as-worlds-top-crossborder-wealth-hub-on-china-ties-report-shows-4711169
Read More »China signal push to upgrade Switzerland FTA, expanding trade to services, digital sectors
China signalled readiness to advance talks on upgrading its Switzerland FTA, aiming to expand cooperation into services, digital trade and investment, reinforcing support for open trade amid global protectionist pressures….
Read More »How Switzerland is quietly pulling ahead of Europe in the AI race
Original source: https://www.investing.com/news/stock-market-news/how-switzerland-is-quietly-pulling-ahead-of-europe-in-the-ai-race-4514540
Read More »Switzerland December manufacturing PMI 45.8 vs 49.7 prior
Swiss manufacturing activity slumped hard towards the end of last year, with both output and new orders struggling and dipping further. A point to note as well is that employment…
Read More »Roche CEO points to higher future drug prices in Switzerland after US deal
Original source: https://www.investing.com/news/stock-market-news/roche-ceo-points-to-higher-future-drug-prices-in-switzerland-after-us-deal-4418299
Read More »SNB leaves interest rates unchanged at 0.00% as expected in December
Prior 0.00% Willing to be active in the foreign exchange market as necessary Sees 2025 inflation at 0.2% (0.2% prior) Sees 2026 inflation at 0.3% (0.5% prior) Sees 2027 inflation…
Read More »investingLive Asia-Pacific FX news wrap: GBP % BTC down. Oil, NZD, gold all higher.
ICYMI: China home prices steepest fall in a year as industrial, investment data weaken FX intervention – Indian central bank likely selling U.S. dollars to support rupee U.S. approves potential…
Read More »Swiss Re beats Q4 estimates, reassures on wildfire losses and 2025 outlook
Original source: https://www.investing.com/news/stock-market-news/swiss-re-beats-q4-estimates-reassures-on-wildfire-losses-and-2025-outlook-3895141
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