SNB Chairman says real over valuation of the Swiss Franc clearly lower than nominal over valuation; central bank has raised readiness to intervene to deal with an overvaluation pressure due to Middle East escalation

Newsquawk Staff · 2 Jun 2026, 11:43 UTC

SNB Chairman says real over valuation of the Swiss Franc clearly lower than nominal over valuation; central bank has raised readiness to intervene to deal with an overvaluation pressure due to Middle East escalation.

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US Market Open, 23 Oct, 10:15 UTC · what it led with

US President Trump says the US crushed Iran, and may want to do it a "little more".
Crude benchmarks firmer on ongoing tensions in the Middle East; recent bout of strength comes after the Houthis launched another missile towards Saudi interests.

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Riksbank maintains its rate at 1.75% as expected; assesses that the probability of a rate increase later this year remains; there is considerable uncertainty and developments call for vigilance
EUR/SEK+0.3%
Norges Bank maintains its rate at 4.25% as expected; may still become necessary to raise the policy rate
EUR/NOK+0.6%
Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%

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