German stocks advanced, following their biggest decline in more than two weeks, as a gauge of European carmakers advanced.
Switzerland’s decision to limit immigration will hurt economic growth, according to economists who cover the country.
Swiss National Bank officials are counting the cost of their zero interest-rate policy.
Swiss National Bank Governing Board member Fritz Zurbruegg said managing the central bank’s foreign- currency reserves of 424.4 billion francs ($448 billion) is a “major challenge.”
Switzerland’s economy expanded more than economists expected in the third quarter, with exports helping it perform better than neighboring Germany.
Swiss National Bank President Thomas Jordan is about to explain why he’s keeping the ceiling on the franc even if the crisis that justified it has receded.
The Swiss central bank today may keep borrowing costs on hold as the franc’s surge prevents policy makers from raising rates to fight inflation threats.
Switzerland’s economy probably kept growing in the first quarter as domestic demand and the central bank’s currency cap kept at bay the recession afflicting many of its neighbors.
The Swiss franc weakened to its lowest in more than three weeks against the euro amid signs of the euro area’s economy is gaining strength.
Swiss National Bank President Thomas Jordan says his best investment is the first drink he ever bought his wife.
"We've seen investors looking past the weaker economic data published earlier this week."
- Reto Huenerwadel on Feb 21, 2014