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SNB RATE CUT
Dollar back under pressure, safe havens outperformThe dollar resumed its descent on Wednesday, dropping across the board and losing the most ground to the Swiss franc and the euro as a new ...
Gold likely to fall further on sticky US inflation and lack of China's stimulus detailsGold rallied initially on expectations of strong Chinese stimulus and central bank buying. However, a lack of concrete details from the CEW...
Swiss National Bank cuts interest rates by 50 basis pointsThe Swiss National Bank (SNB) surprised markets with a 50 basis point interest rate cut, its largest in nearly a decade, aiming to preempt ...
Loonie, Aussie in focus while US dollar idlesThe Canadian and Australian dollars were closely watched ahead of central bank meetings. The US dollar's rally lost steam as a Fed rate cut...
Swiss National Bank continues rate cuts, says inflation eased againThe Swiss National Bank cut interest rates on Thursday, maintaining the central bank's position as a frontrunner in the global policy easin...
Asia shares muted on mixed China data, euro pressureAsian share markets softer on mixed Chinese economic data. European political uncertainty persists. Swiss National Bank may ease. Markets a...
Dollar strengthens after big shift in global rate outlookThe dollar rose against all G-10 currencies except the yen, as the relatively strong U.S. economy and high interest rates kept the carry tr...
Asia shares on a roll as SNB kicks off rate cutsMSCI's broadest index of Asia-Pacific shares outside Japan ran into some profit taking in early trade on Friday after jumping nearly 2% in ...
Dollar on back foot as traders look to Fed for cut timing cluesThe U.S. currency edged lower to 145.385 yen in early Asian trading, adding to its 0.5% loss from the previous session. It was also down sl...
SNB to follow ECB and hike policy rate by 50 bps on March 23:: PollAlthough there was no consensus around the peak rate, a clear majority of economists, 13 of 21, expected one more rate hike in June of at l...
What I read this week: A listed central bank with soaring shares! Why stocks will keep risingOne has to be very careful in allocating their hard earned money in different asset classes.
Switzerland back to battling might of global currency marketWhile Switzerland's economy is improving, weaknesses persist and the nation can't afford a spiraling franc to set back its recovery.
Other central banks set to act, but Swiss policy cupboard bareSNB still describes the currency as "significantly overvalued" and the problem may worsen if the ECB eases policy further.
ECB holds key interest rate at record low of 0.75%; euro risesThe European Central Bank leaves its benchmark interest rate unchanged at 0.75%, holding off on further stimulus for slowing eurozone econo...
- Swiss Central Bank cuts rate to curb Franc's gains
The Swiss central bank unexpectedly cut interest rates and said it will increase the supply of francs to money markets to curb the "massive...
- Switzerland slashes interest rates on slowdown fears
Switzerland's central bank slashed key interest rates by a full percentage point on Thursday, its biggest ever cut, and warned of tough tim...
- UPDATE 1-SNB offers cheaper funds to bring LIBOR down
The Swiss National Bank lowered the costs for one-week funding sharply in its daily repo operation on Thursday as it tries to bring back th...