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3 Mar 2020

SNB’s Maechler: Policy rests on negative interest rates, readiness to intervene

Key quotes

SNB is never under pressure, plans to discuss potentially revised current prognosis for moderate global economic growth in 2 weeks.

SNB policy rests on negative interest rates, readiness to intervene.

The world is flooded with significant savings, but little readiness to invest those savings.

Intervention in forex markets helps keep the lid on the Swiss franc.

Mar 3, 2020

USD/JPY off five-month low, but not out of the woods yet

USD/JPY is seen making minor recovery attempts from a new five-month low of 107.18, reached after the US Federal Reserve (Fed) unexpectedly cut the in
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Mar 3, 2020

Germany's Altmaier: Ruling coalition plans further steps to reduce tax burden for companies

"We are doing everything to shield the German economy from the coronavirus impact," Germany’s Economy Minister Altmaier said on Tuesday. "The governme
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