Inflation Data
US stocks rise on softer yields; Swiss franc strengthens after inflation surprise
U.S. benchmarks advance 0.4-0.6% at open as Treasury yields ease; SMI up 0.5% led by Roche and Logitech. Swiss inflation hits two-year high, lifting franc to 0.9392 per euro.
US stocks set for modest gain; SMI rises on Roche, Logitech gains; Swiss franc strengthens
U.S. futures point to a modestly higher open as Middle East tensions ease slightly. Swiss Market Index climbs 0.2% on Roche and Logitech gains, while the franc strengthens after Swiss inflation surprises.
US stocks cautious as oil prices rise; Swiss franc strengthens on inflation data
Dow Jones and Nasdaq futures show muted gains ahead of key U.S. jobs data, while rising oil prices and geopolitical tensions curb risk appetite. Swiss franc surges to 0.9392 per euro after unexpected inflation jump.
Swiss inflation hits two-year high, SNB rate hike odds rise
August CPI surge to 0.8% exceeds forecasts, lifting expectations for a potential Swiss National Bank rate increase by late 2027. Energy prices drive the jump while core inflation remains subdued.
Swiss stocks steady as SMI faces direction; Nestlé weighs, Swatch falls; franc strengthens
Swiss market opens flat with Nestlé down 0.67% while Swatch drops 2.3%; franc gains to 0.9392 per euro and 0.8092 per dollar after August inflation hits 0.8%.
Eurozone business activity steady in August as services slow
Eurozone composite PMI held at 52.0 in August, matching July’s eight-month high, while services activity slipped to a two-month low. Germany led regional growth, France remained in contraction.
ECB’s Vujčić highlights role of household expectations in monetary policy
Vice-President cites ECB’s Consumer Expectations Survey as critical tool for tracking inflation perceptions, spending plans and policy transmission amid geopolitical uncertainty.
Swiss shares rise as defensive stocks lead; gold rallies on softer jobs data
Swiss Market Index edges higher as Roche and other defensive stocks gain; gold jumps 0.63% on dovish US jobs report and weaker dollar. US semiconductor and software stocks diverge in premarket trading.
Swiss stocks slip as oil, rate fears weigh on markets
SMI falls 0.4% as Brent crude tops $95, inflation and ECB/Fed policy expectations drive defensive rotation; Roche, Swiss Life gain while Amrize, Holcim lag.
Swiss equities slip as oil, inflation and rate fears weigh
SMI falls 0.4% to 14,280 as defensive shares lag; Amrize drops 2.7% after BofA downgrade, Roche and Swiss Life advance. Brent crude tops $95/bbl after U.S.-Iran strikes.
Swiss stocks fall as oil surge fuels inflation concerns; UBS upgrades Comet, VAT, Inficon
SMI drops 0.1% as Brent crude tops $95 a barrel after U.S.-Iran tensions escalate; UBS lifts targets on Swiss tech names. Nestlé to sell vitamins unit for $1 billion.
Swiss stocks slip as oil surges, geopolitical risks weigh on markets
The SMI fell 0.1% to 14,323 as Brent crude topped $95 a barrel amid U.S.-Iran tensions. Tech shares led gainers, while Amrize and Partners Group lagged.
UBS flags commodities as inflation hedge amid Middle East risks
Strategists recommend broad exposure to energy, metals and agriculture as geopolitical tensions and weather patterns reshape supply. Brent crude near $87, European gas at 65 euros/MWh.
Bundesbank chief flags possible ECB rate hike, warns on Germany’s AAA rating
Joachim Nagel signals markets may be right on an ECB rate increase next week, citing persistent inflation, while urging Berlin to preserve Germany’s top credit rating amid a widening fiscal deficit.
German DAX falls 1.1% as oil prices rise, inflation fears weigh
September opens with losses for Europe's benchmark index as geopolitical tensions lift oil prices and investors reassess rate expectations. Euro Stoxx 50 also declines.
Dollar slips as long-end yields fuel debasement trade ahead of Fed week
U.S. currency retreats from post-Fed gains as two-year SOFR holds above 4.20%, while ECB inflation data and RBNZ decision loom. Analysis flags risk of further losses unless hawkish repricing solidifies.
EUR/USD trapped between key moving averages as ECB-Fed hike bets converge
The pair remains confined between the 100-day and 200-day moving averages after Eurozone inflation data reinforced expectations for a September ECB hike but tempered bets on further tightening.
GBP/USD holds near 1.3535 as Fed, BOE decisions loom
Sterling struggles to extend gains above 1.35 as global yields surge and policy divergence risks weigh ahead of key central bank meetings. Gilt yields hit multi-decade highs.
Swiss equities rise as all SMI stocks gain; gold dips ahead of U.S. inflation data
The Swiss Market Index advances in early trade, led by Amrize, Kühne+Nagel and Logitech. Gold slips 0.3% to $4,642.74 per ounce as investors await the July PCE data and a speech by Fed’s Warsh.
Swiss stocks rise ahead of U.S. inflation data; Nvidia, Stadler Rail in focus
Swiss Market Index gains 0.14% as gold dips ahead of July PCE data; Nvidia shares rise before earnings, while oil falls on Iran talks. European futures mixed.
German DAX dips 0.6% from record as oil prices rise amid Middle East tensions
German blue-chip index slips after brief rally to all-time high, as investors weigh geopolitical risks, oil price surge and expectations of a Federal Reserve rate hike. MDax and Euro Stoxx 50 also decline.
German stocks set for modest gain ahead of Jackson Hole; Nvidia rallies on earnings
Dax futures point to a 0.3% rise as Nvidia's quarterly results exceed expectations, lifting chipmakers and tech peers. Fed's preferred inflation gauge remains elevated ahead of central bank symposium.
UBS ranks Switzerland’s most desirable residential locations
UBS study finds medium-sized Swiss cities outperform large urban centers on cost and livability, with Freiburg, Solothurn and Aarau leading in affordability. Nine of ten regions favor mid-sized towns over metropolises.
DAX edges up 0.1% as oil slide eases inflation concerns
German blue-chip index nears record high after softer oil prices and upbeat economic signals, while SAP drops nearly 3% on UBS downgrade. Nvidia earnings loom as key U.S. catalyst.