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UBS released a report analyzing the impact of the Swiss National Bank's (SNB) unexpected March rate cut on currency markets. The SNB's early action, ahead of other major central banks, sparked a...
UBS revised its forecast for the EUR/CHF currency pair, indicating a bearish outlook in the short term. The financial services firm adjusted its March 2022 target for the Euro to Swiss Franc exchange...
Gavekal Research analysts said in a note Tuesday that the trajectory looks unclear beyond an initial round of rate cuts in Europe. In Western Europe, the rate-cutting train is "pulling out of the...
(This March 18 story has been refiled to fix the spelling of the analyst's last name to Durmaz in paragraph 15) By Rachel Savage JOHANNESBURG (Reuters) - International investors will be closely...
The Swiss National Bank (SNB) and six commercial banks, including UBS and Commerzbank (ETR:CBKG), are embarking on a pilot to issue 'real' wholesale central bank digital currency (CBDC) as part of...
The European Central Bank (ECB) has announced a halt to its interest-rate increases due to dwindling inflation and a lending slump. The announcement was made by ECB Council member Boris Vujcic on the...
French manufacturers' sentiment in October 2023 has seen a more significant drop than anticipated, according to recent data from Insee. The confidence index fell from 99 in September to 98,...
European Central Bank (ECB) Governing Council member Bostjan Vasle has called for a comprehensive review of methods to speed up balance sheet reduction amid Italy's bond-market turmoil. The call was...
European Central Bank (ECB) Governing Council member Boris Vujcic, speaking in Marrakech, Morocco, cautioned that it might be premature to declare a win over inflation due to the changing economic...
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