SNB says they have acknowledged the US Treasury Department's latest report; not engaging in CHF manipulation

The SNB's acknowledgment of the US Treasury's report reinforces its stance against CHF manipulation, which is significant for market sentiment.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

[MARKET ANALYSIS] USTs hit ahead of Trump's Fed Chair pick announcement, yields bid & the curve steeper

[MARKET UPDATE] XAG breaches USD 100/oz to the downside, XAU goes below USD 5k/oz

SNB says they have acknowledged the US Treasury Department's latest report; not engaging in CHF manipulation

Italian Unemployment Rate (Dec) 5.6% vs. Exp. 5.8% (Prev. 5.6%, Rev. From 5.7%)

[MARKET ANALYSIS] Metals slip (XAU -5.7%, XAG -12.3%) as Warsh emerges as frontrunner for Fed Chair

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • Welcomes ongoing discussion as part of macroeconomic dialogue. 
  • Neither seeks to prevent balance of payments adjustment nor to gain unfair competitive advantages for the Swiss economy.
Context

By emphasizing their commitment to a fair competitive landscape, they're likely seeking to alleviate concerns about potential intervention, which could stabilize the CHF and impact fixed income markets positively. This positioning might reflect a dovish tone that investors should consider in their future outlook, particularly regarding Swiss monetary policy adjustments.

Related headlines

The whole workspace, free to try.

Try it free