German ZEW Economic Sentiment rose from 15.2 to 19.9 in February, above expectation of 17.5. Current Situation Index, however, fell from -77.3 to -79.0, below expectation of -81.7. Eurozone ZEW Economic Sentiment rose from 22.7 to 25.0, above expectation of 20.1. Current Situation Index increased 5.9 to -53.4. ZEW President Achim Wambach said: “The German […]
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SNB holds rates but strengthens intervention stance, aiming to cap CHF gains as energy-driven inflation rises only temporarily. The central bank kept its policy rate unchanged at 0.00%, as widely expected, but sharpened its language Read more…
The Swiss National Bank is leaving the SNB policy rate unchanged at 0%. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount Read more…