Swiss National Bank leaves policy rate unchanged but lifts long-term inflation outlook to 0.7% for 2028 amid global price pressures. The Swiss National Bank kept its policy rate steady at 0% following its June meeting, aligning with market expectations. The decision comes
The central bank lifts its benchmark rate by 25 basis points to curb inflation and stabilize the rupiah amid currency interventions. Bank Indonesia increased its benchmark interest rate by 25 basis points to 5.75% on June 18, matching market expectations. The move aims to
Swiss National Bank maintains its policy rate at 0% while revising 2026 inflation projections slightly higher to 0.6%. The Swiss National Bank kept its key policy rate unchanged at 0% during its June meeting, aligning with market expectations. The decision reflects ongoing
Saudi Aramco explores selling part of its sulfur business for up to $7 billion as Middle East supply disruptions boost demand. Saudi Aramco is considering a stake sale in its sulfur business, targeting proceeds of up to $7 billion. The move comes as global sulfur supply fa
WTI Oil hits three-month low at $73.36 WTI Oil prices have declined to a three-month low. The decline is attributed to hopes of a US-Iran peace agreement. The price of a WTI barrel fell to $73.36 on Thursday, on track for a more than 10% weekly decline.
West Texas Intermediate drops to a three-month low as Middle East tensions ease following a US-Iran agreement and Hormuz reopening. West Texas Intermediate crude fell to $73.36, its lowest level in three months, as hopes for a US-Iran peace deal weighed on prices. The decl
Cryptocurrency markets saw $491M in liquidations as Bitcoin and Ethereum fell following the U.S. Federal Reserve’s latest policy update. Bitcoin fell below $64,000 for the first time since early May, dropping 2.3% to $64,028 after the U.S. Federal Reserve’s rate decision.
UK inflation data and easing geopolitical tensions reduce pressure on the BoE to tighten monetary policy further this year. The Bank of England is poised to keep its benchmark interest rate steady at 3.75% for the fourth consecutive meeting on Thursday. Recent softer-than-
The 10-year/2-year Treasury spread narrows to its tightest level since April 2025, signaling prolonged higher interest rates. The U.S. Treasury yield curve has flattened sharply, with the 10-year/2-year spread narrowing to just 28 basis points, its tightest level since Apr
The acquisitions of Swiss Technology Group AG and ILFA GmbH expand TTM’s footprint in Europe’s printed circuit board market. TTM Technologies will acquire Swiss Technology Group AG and ILFA GmbH, two privately held European printed circuit board manufacturers, in separate
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