M3 money supply in Switzerland rises 1.5% in May

Market news

22 June 2015

M3 money supply in Switzerland rises 1.5% in May

The Swiss National Bank (SNB) released its money supply data on Monday. M3 money supply in Switzerland increased 1.5% year-on-year in May, after a 1.5% rise in April.

M1 money supply declined 0.1% year-on-year in May, after a 0.1% decrease. It was the second consecutive decline.

European stock markets mid session: stocks traded higher on hopes for a deal between Athens and its creditors

European Commission President Jean-Claude Juncker: progress has been made in the debt talks between Greece and its creditors over the weekend

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