SNB, ahead of the end-2027 introduction of the PSFF, has decided to lower the special-rate surcharge from 50bps to 25bps as of July 1st.

Newsquawk StaffPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

Senior IDF officials are reportedly pushing to expand the ground operation deeper into southern Lebanon, IDF radio reports

[MARKET UPDATE] USD/JPY to a 158.65 session low amid a bout of USD pressure, with EUR, GBP and other G10s inching higher vs the US Dollar

SNB, ahead of the end-2027 introduction of the PSFF, has decided to lower the special-rate surcharge from 50bps to 25bps as of July 1st.

The PBoC raises the leverage ratios for bank's overseas loans

US Treasury Secretary Bessent plans to visit Japan in mid-May, Kyodo reports

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Context

The SNB's decision to lower the special-rate surcharge from 50bps to 25bps suggests a more accommodative stance, potentially aiming to support domestic liquidity as the PSFF's introduction approaches. This shift could indicate optimism about economic conditions or a strategic response to recent trends, which may influence expectations for future rate paths and impact the Swiss franc and fixed income markets.

Related headlines

The feed had this first.

Use the Platform