CHF: It Is Unclear When SNB Plans to React – Commerzbank

The Swiss Franc (CHF) benefited significantly on Wednesday both against the US Dollar (USD) and the Euro (EUR), Commerzbank FX analysts Ulrich Leuchtmann and Michael Pfister note.

FXStreetJul 18 07:26 ET

Switzerland Books Highest Quarterly Trade Surplus in Q2

Switzerland recorded its highest quarterly trade surplus of 12.45 billion francs in the second quarter of 2024, after 9.38 billion francs in the previous three months, the Federal Office for Customs and Border Security said Thursday.

MT NewswiresJul 18 04:08 ET

China's Central Bank Holds Key Policy Rates Steady -- Update

China's central bank kept key policy rates unchanged on Monday, indicating a likely hold on the country's benchmark lending rate later this month even as signs of economic weakness raise expectations that easing may be in the pipeline.

Dow JonesJul 15 02:55 ET

Swiss Monthly Producer, Import Prices Unchanged in June

Switzerland's monthly producer and import price index was flat in June, following a 0.3% decrease in May, data from the country's Federal Statistical Office showed Monday.Analysts expected a 0.1%

MT NewswiresJul 15 02:54 ET

Swiss National Bank's interest rate cut cycle is nearing its end: economists predict the last rate cut will be in September.

According to a survey conducted from July 5th to 11th, the Swiss National Bank's last interest rate cut of 25 basis points will take place in September. Prior to this, the bank had already cut interest rates twice in March and June.

Zhitong FinanceJul 15 02:15 ET

Citic sec: Optimizing the LPR mechanism to improve the quality and efficiency of finance.

Currently, OMO has gradually become the core of policy interest rates. Optimizing loan pricing benchmarks can help improve interest rate transmission efficiency, balance the goals of the money and credit markets, alleviate the impact of asynchronous pricing of deposits and loans, and help stabilize bank interest margins.

Zhitong FinanceJul 14 21:27 ET