Swiss National Bank (SNB) news

The Swiss National Bank (SNB) is Switzerland's central bank. Its primary mandate is to maintain price stability, taking into account economic developments. The SNB manages monetary policy through interest rate adjustments and foreign exchange interventions, aiming to ensure stability and support the Swiss economy. It also manages Switzerland's gold reserves.

Swiss franc drifting ahead of SNB rate decision

Swiss National Bank expected to raise interest rates on Thursday Fed Chair Powell testifies before Congress Wednesday and Thursday The Swiss franc is showing little movement on Wednesday, trading at 0.8984 in the North American session. Will Swiss National Bank deliver a hawkish surprise? The Swiss National Bank will announce its rate decision on Thursday, and the meeting is live, as the markets have priced a 0.50% hike at 60% and a 0.25% at 40%. The current benchmark rate is 1.50%.

21-06-2023 09:15 GMT by Kenneth Fisher

Podcast - US-China relations improve, huge week ahead for the BoE

OANDA Senior Market Analysts Craig Erlam and Kelvin Wong join Jonny Hart to discuss how markets are trading at the start of the week and look ahead to the BoE, SNB and CBRT interest rate decisions.

19-06-2023 10:27 GMT by Craig Erlam