Swiss Balance of Trade (Apr) 3.2B (Prev. 2.7B); Swiss Watch exports -16.6% (prev. -1.0%)

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EU racing to agree a 21st package of sanctions by the end of next week; measures to target Russia’s oil revenues, banks and shadow fleet, POLITICO reports, citing sources

STMicroelectronics (STMPA FP) raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure; now expects data center revenues at about USD 1bln (prev. saw "nicely above" USD 500mln)

Swiss Balance of Trade (Apr) 3.2B (Prev. 2.7B); Swiss Watch exports -16.6% (prev. -1.0%)

Newsquawk Daily European Equity Opening News - 2nd June 2026

Lebanon officials says Hezbollah and Israel agreed to the US proposal for mutual cessation of hostilities; Israel will stop strikes on Beirut southern suburbs under the proposed agreement, Press TV reports

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