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Interest Rates

French Bond Sell-Off Revives Euro Crisis Fears as Yields Hit Multi-Year Highs
MacroArticle

French Bond Sell-Off Revives Euro Crisis Fears as Yields Hit Multi-Year Highs

France's soaring borrowing costs and a proposed budget of €43 billion in cuts and tax hikes have sparked severe market turmoil, driving the Franco-German yield spread to its widest level since 2012.

Markets Desk · 2 Oct 2026
Swiss National Bank and FDF Sign Profit Distribution Accord for 2026–2030
Central BanksArticle

Swiss National Bank and FDF Sign Profit Distribution Accord for 2026–2030

The Swiss National Bank and the Federal Department of Finance have agreed on profit distribution modalities of up to CHF 6 billion annually for financial years 2026 to 2030.

Markets Desk · 2 Oct 2026
DAX Closes Lower as Inflation Concerns Offset Positive US Data
EquitiesArticle

DAX Closes Lower as Inflation Concerns Offset Positive US Data

Germany's DAX index dropped 0.79 percent on Wednesday, finishing a weak September in negative territory as persistent domestic inflation overshadowed favorable US economic reports.

Markets Desk · 1 Oct 2026
Swiss analysts anticipate higher inflation and rates while keeping growth outlook positive
MacroArticle

Swiss analysts anticipate higher inflation and rates while keeping growth outlook positive

A UBS-CFA survey shows a sharp shift in expectations for Swiss inflation and interest rates in September, yet analysts remain upbeat on medium‑term growth and equities.

Markets Desk · 30 Sept 2026
SNB holds policy rate at 0% as inflation eases and GDP growth stays strong
Central BanksArticle

SNB holds policy rate at 0% as inflation eases and GDP growth stays strong

The Swiss National Bank left its key rate unchanged, citing modest inflation pressure and robust Q2 GDP, while signalling readiness to intervene in foreign‑exchange markets.

Markets Desk · 30 Sept 2026
European stocks stay flat as Iran tensions lift oil, bond yields and hit tech shares
EquitiesArticle

European stocks stay flat as Iran tensions lift oil, bond yields and hit tech shares

The Swiss Market Index edged up 0.06% while the DAX and EuroStoxx50 were unchanged; Brent rose to $108 and 10‑year German yields hit 3.65% amid geopolitical risk and AI concerns.

Markets Desk · 28 Sept 2026
SNB Holds Rates at Zero as Rate-Hike Speculation Stirs
Central BanksArticle

SNB Holds Rates at Zero as Rate-Hike Speculation Stirs

The Swiss National Bank kept its key rate at 0.00% and upgraded its inflation outlook, though economists are divided on when — or if — a rate hike will follow.

Markets Desk · 26 Sept 2026
SMI Holds Steady; ABB and UBS Rise, Nestlé Struggles
EquitiesArticle

SMI Holds Steady; ABB and UBS Rise, Nestlé Struggles

Swiss stock market shows resilience, with ABB and UBS gaining while Nestlé lags. Oil prices and bond yields remain key market drivers.

Markets Desk · 25 Sept 2026
Swiss Stocks Set for Higher Open on Upgrades, SNB Holds Rates
EquitiesArticle

Swiss Stocks Set for Higher Open on Upgrades, SNB Holds Rates

The SMI looks to open 0.4% higher as UBS upgrades Glencore and analysts revise targets on Swiss shares; the SNB keeps rates at zero percent while oil prices ease.

Markets Desk · 25 Sept 2026
Dollar hits two-month high as Swiss franc, yen weaken on hawkish Fed outlook
ForexArticle

Dollar hits two-month high as Swiss franc, yen weaken on hawkish Fed outlook

The dollar rose 0.14% to 101.27 for a fourth straight daily advance, pressing the franc to its lowest level since May 2025, as Fed officials opened the door to further rate increases.

Markets Desk · 24 Sept 2026
SNB maintains zero rates amid inflation concerns, defends UBS capital rules
Central BanksArticle

SNB maintains zero rates amid inflation concerns, defends UBS capital rules

Swiss central bank leaves key rate unchanged at 0%, rejects calls for rate hikes despite inflation pressures and franc weakness.

Markets Desk · 24 Sept 2026
SNB Leaves Rates at 0% Amid Rising Swiss Inflation
Central BanksArticle

SNB Leaves Rates at 0% Amid Rising Swiss Inflation

Swiss central bank maintains benchmark rate at zero percent despite inflation pressures, citing energy price spikes as key driver.

Markets Desk · 24 Sept 2026
SNB Holds Rates at 0% Amid Rising Inflation and Global Uncertainty
MacroArticle

SNB Holds Rates at 0% Amid Rising Inflation and Global Uncertainty

Swiss National Bank leaves policy rate unchanged at 0% while noting elevated inflation pressures and geopolitical risks.

Markets Desk · 24 Sept 2026
Switzerland's SNB Keeps Rates at 0% Amid Global Tightening
Central BanksArticle

Switzerland's SNB Keeps Rates at 0% Amid Global Tightening

Switzerland's central bank defies global rate hikes, but markets expect a move by early 2027. The Swiss franc's strength and unique economic factors help keep inflation low.

Markets Desk · 24 Sept 2026
Swiss Central Bank May Raise Rates as Inflation Outlook Improves: Swiss Life
Central BanksArticle

Swiss Central Bank May Raise Rates as Inflation Outlook Improves: Swiss Life

Chief economist Marc Brütsch says the SNB could lift its policy rate from zero, while jobless recovery and AI-driven labor shifts shape the economic outlook.

Markets Desk · 24 Sept 2026
Euro area sovereign yields rise as French debt risk spikes
MacroArticle

Euro area sovereign yields rise as French debt risk spikes

French OAT yields hit 4.5% and CDS spreads surge to 2020 highs, while German yields stay near 3.2% after the ECB lifted rates to 2.5%, raising concerns over euro‑zone fiscal health.

Markets Desk · 22 Sept 2026
Eurozone yields near decade highs amid Brent crude surge and ECB-Fed watch
CommoditiesArticle

Eurozone yields near decade highs amid Brent crude surge and ECB-Fed watch

U.S. Treasury yields hover just below 5% as Brent crude climbs 3% ahead of ECB and Fed rate decisions.

Markets Desk · 21 Sept 2026
Euro Yields Hold Multi-Year Peaks as Crude Surges Ahead of Central Bank Decisions
MacroArticle

Euro Yields Hold Multi-Year Peaks as Crude Surges Ahead of Central Bank Decisions

German bunds stay near 13-year highs as Brent crude jumps to $112 a barrel on Middle East tensions, with Fed and ECB policymakers bracing for fresh inflationary pressure.

Markets Desk · 21 Sept 2026
SMI opens higher with Galderma, Sandoz debuts amid KI chip demand
EquitiesArticle

SMI opens higher with Galderma, Sandoz debuts amid KI chip demand

Swiss equity markets expected to start the week on a positive note, with the SMI index poised for gains as pharmaceutical firms Galderma and Sandoz make their debut. Meanwhile, oil prices retreated despite escalating tensions in the Middle East.

Markets Desk · 21 Sept 2026
SMI drops 0.47%, oil above $100 weighs on global equities
EquitiesArticle

SMI drops 0.47%, oil above $100 weighs on global equities

Swiss benchmark closed lower as crude prices surpassed $100 a barrel for the first time since May, while ECB raised rates as expected and US producer prices came in hotter than forecast.

Markets Desk · 21 Sept 2026
SMI opens higher; Fed rate-hike odds near 93% as traders wait for Wednesday decision
EquitiesArticle

SMI opens higher; Fed rate-hike odds near 93% as traders wait for Wednesday decision

The Swiss benchmark rose 0.1% to 13,815.84 as ABB led gainers. Investors stayed cautious ahead of the Federal Reserve's rate decision, where a 25-bp hike is priced in at over 90%.

Markets Desk · 21 Sept 2026
SMI Expected Higher After Tuesday Loss; Markets Await Fed Rate Call
MacroArticle

SMI Expected Higher After Tuesday Loss; Markets Await Fed Rate Call

The Swiss Market Index opens in positive territory ahead of a widely expected 25-basis-point rate hike by the US Federal Reserve, while oil retreats and crypto stocks stumble on regulatory headlines.

Markets Desk · 20 Sept 2026
German equities fall after ECB raises interest rates
EquitiesArticle

German equities fall after ECB raises interest rates

The DAX lost 0.7% to 25,407 points, marking its lowest point of the day, as markets reacted to the ECB's second rate hike of the year and revised inflation forecasts.

Markets Desk · 20 Sept 2026
SMI higher ahead; Fed wait, oil dip weigh on Wall Street
EquitiesArticle

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.

Markets Desk · 19 Sept 2026