9:35 AM · 12 December 2024

BREAKING: SNB unexpectedly cuts interest rates by 50bps; EURCHF rises 0.6% 🚨

Current rate in Switzerland: 0,5%. A 25 basis point cut to 0.75% from 1.0% was expected.

This comes as a surprise from the SNB, although of course we have the problem of very low inflation in Switzerland at the moment. The market had priced in a cut of 50 basis points in total over a three-month horizon and a halt at 0.5%. However, the desire to return to zero interest rates with a further problem of falling inflation cannot be ruled out.

24 July 2026, 9:30 AM

BREAKING: Eurozone recovery? Positive PMI data tempered by high oil and gas prices

23 July 2026, 7:51 AM

Economic Calendar: Big Tech, Tensions Over Iran, and the ECB’s Decision ⏰

22 July 2026, 7:15 PM

Daily Summary: Wall Street Stabilizes Despite Higher Oil Prices

22 July 2026, 8:33 AM

Economic Calendar: Time for Tesla and Google Earnings (22.07.2026)

Economic reports

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