SNB Silence Sets Up Another Rate-Cut Cliffhanger

The Swiss National Bank decision this week is set to be another nail-biter on whether officials will cut their interest rate or stay on hold.

BNN BloombergJun 19 00:25 ET

Watch Swiss Central Bank's Language on FX Says Goldman Sachs

The Swiss franc could benefit even if the central bank cuts interest rates again on Thursday because its explanation is likely to confirm an aversion to further inflationary losses for the currency, according to Goldman Sachs strategists.

MT NewswiresJun 17 07:55 ET

State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.

On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.

Zhitong FinanceJun 17 05:05 ET

Swiss Government More Upbeat on Growth, Inflation This Year

Switzerland’s government lowered its forecast for 2024 inflation for a second time, a move that helps explain why the central bank might cut interest rates again when officials meet later this week.

BNN BloombergJun 17 03:43 ET

Switzerland's Economic Growth in 2024 to Come in Well Below Average – SECO

In its March economic forecasts, Switzerland’s State Secretariat for Economic Affairs (SECO) said that the “Swiss government sees the economic growth in 2024 to come in well below average.”

FXStreetJun 17 03:36 ET

Swiss Government Marginally Lifts Economic Growth Forecast for 2024

Swiss economic growth is expected to remain well below average in 2024 and 2025 amid the lackluster situation in the industrial sector, the State Secretariat for Economic Affairs said Monday.

MT NewswiresJun 17 03:27 ET