SNB's Schlegel says the SNB's main instrument is the policy rate; FX interventions may be used if necessary

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Treasury Secretary Bessent thanks Bank of NY Melon (BK) and Robinhood (HOOD) for work on Trump Accounts

Apollo Global (APO) is said to be making a USD 2bln investment in Apex Service Partners, WSJ reports

SNB's Schlegel says the SNB's main instrument is the policy rate; FX interventions may be used if necessary

Israeli Miltiary and Security Correspondent notes of initial reports that Israeli forces conducted targeted attacks in Dahiya, Beirut

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  • The CHF is a safe-haven currency, it tends to appreciate when global uncertainty is high. 
  • Inflation meets the objective of medium-term price stability. 

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