Märkte

SMI Reclaims Gains Before ECB, Copper Retreats From Record, Oil Holds Above $100
Swiss blue chips reversed morning losses ahead of an almost certain 25-basis-point ECB rate hike, while copper fell 2.2% from a record and Brent crude stayed above $100 on Middle East risk.

FTSE 100 slips 0.6% as ECB lifts rates, oil jumps on Middle East tensions
European equities fell after the ECB raised all three benchmark rates by 25 basis points, while Brent and WTI crude surged on conflict‑driven supply concerns.

Von Gold zu Floating Rates: Eine Kurzgeschichte über den Forex-Markt
Der moderne Forex-Markt, wie wir ihn heute kennen, ist jünger, als die meisten Menschen vermuten. Über Jahrzehnte lang waren die Währungswerte im Rahmen des Bretton-Woods-Systems festgelegt, das 1944 eingeführt wurde und die Hauptwährungen an den US-Dollar knüpfte, der selbst an Gold gebunden war.

Swiss economic and financial events calendar: September 16–23, 2026
Key corporate results, regulatory discussions and market events dominate the Swiss economic calendar this week.

Swiss Market Open Under Pressure as US Futures, Oil Rise and FX Shifts Dominate
Asian markets and Swiss equities face headwinds from rising Brent crude, US futures declines and expectations of Fed rate hikes.

SMI higher ahead; Fed wait, oil dip weigh on Wall Street
The Swiss Market Index opens 0.3% higher as traders position ahead of the US Federal Reserve's rate decision. Oil retreats after a sharp Tuesday rally.

SMI Reverses to Loss as Novartis Rises, Alcon Drags; Oil Holds Above $100
The Swiss benchmark reversed an early gain to trade 0.2% lower, weighed by geopolitical risk and oil prices over $100. Novartis climbed 1.2% while Alcon lagged.

Volkswagen Announces 50,000 More Job Cuts in Overhaul That Lifts Shares 8%
Europe's largest carmaker approved its Future Plan 2030 restructuring, bringing total cuts to 100,000. Shares rallied as analysts saw a potential halo effect for the German auto industry.

Swiss SMI up 0.2% pre-market as 18 of 20 components rise
Alcon shares decline sharply amid pre-market trading; Brent crude stays above $100 amid geopolitical tensions

SMI falls again as oil and inflation fears weigh on global markets
Swiss index slumps amid rising oil prices and US inflation concerns; Meta surges 6.6% on AI announcement.

US stocks open higher; SMI extends gains as Fed decision calms markets
Wall Street leads gainers after the Fed raised rates 25 basis points. The SMI climbs, tech stocks surge pre-market, and UBS capital-rule debate is deferred.

US Futures Rise as SMI Falls; Nestlé Dips on Russia Asset Seizure
S&P 500 and Nasdaq futures advance ahead of US open, while Switzerland's SMI drops 0.2% — Nestlé falls over temporary Russian control loss and Swisscom is set for index replacement.

Frankfurt stocks extend rally on Fed rate hike and lower oil
DAX climbs 1% to 25,800 as Fed's first rate increase since 2023 calms markets and Brent crude continues to fall.

Dax Flat as Oil Nears $100; Fresenius Leads Gainers, Infineon Slumps
The Dax stalled near 26,008 as Brent crude approached $100 a barrel on Middle East tensions. Fresenius led Dax gainers while Infineon and Novartis weighed on European indexes.

European shares dip on expiry day; telecom, food stocks weigh on indices
EuroStoxx 50, FTSE 100 and SMI all fell slightly as options expiry weighed on sentiment, while Orange and Nestlé led losses in telecom and consumer staples.

SMI Hovers Near Loss Zone as Nestlé Slips on Russia Worry; Gold Gains
Switzerland's blue-chip index edges lower while Nestlé falls on Moscow administration news; pharmaceuticals and gold extend gains.

SMI in Red, 8 of 20 Blue Chips Gain; Nestlé Loses After Russia Report; Gold Rises
Swiss stock market closes lower after a positive week; gold prices increase amid rising interest rates; Nestlé shares fall after Russia business report.

Nestlé Loses Control of Russia Units as Share Price Hits 3½-Month Low
Russia placed two Nestlé entities under temporary administration, raising fears of write-downs and a possible forced exit. Nestlé shares fell 1.5% on Friday.

German Dax Opens Lower on Big Expiry Day as Oil Eases, Tech Stocks Mixed
The Dax slipped 0.4% to 25,621 points at the Frankfurt open, though it remains marginally up 0.1% for the week. Tech shares showed divergent moves, with Infineon and Siltronic gaining on analyst upgrades while Deutsche Telekom fell after a negative Orange rating.

SMI Gains as Fed Rate Hike Brings Relief; UBS Decision Deferred
Swiss shares post modest gains after the US Federal Reserve raised rates by 25 basis points as expected. UBS capital-rule debate resumes next week.

Frankfurt Stocks Tumble as Brent Crude Breaks $100
The DAX fell 1.66% to 25,576.45 as Brent crude surpassed $100 a barrel, weighing on European equities ahead of the ECB's expected rate hike.

SMI closes with biggest daily loss since March; Nestlé, Richemont hit three-month lows
Swiss Market Index (SMI) suffered a significant decline, with Nestlé and Richemont reaching three-month lows amid rising oil prices and inflation concerns. DocMorris surged on new bond issuance plans.

SMI rises 0.2% as Fed delivers; UBS gains, Rieter plunges after downgrade
The Swiss market extends its early-week gains following the Fed's expected 25-bp hike. Helvetia Baloise surges on strong H1 results while Rieter drops after a UBS downgrade to Sell.

SMI Edges Higher on Fed Relief; UBS Decision Delayed, Rieter Slumps on Downgrade
Swiss benchmark gains 0.2% as investors welcome Fed's resolute inflation stance; UBS advances ahead of capital-rule vote while Rieter plunges after downgrade to Sell.

Helvetia Baloise Posts H1 2026 Earnings, Synergies Hit 49% of Target as RoaE Exceeds 18%
The merged Swiss insurer achieved underlying earnings of CHF 632 million in the first half of 2026, with synergies locked in at CHF 319 million—49% of its CHF 650 million gross target.

