Swiss National Bank says 2017 currency interventions 48.2 bln chf vs 67.1 billion in 2016 - Annual report

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22 March 2018

Swiss National Bank says 2017 currency interventions 48.2 bln chf vs 67.1 billion in 2016 - Annual report

Says renewed upward pressure on the swiss franc cannot be ruled out
Interventions occurred mainly during periods of uncertainty when the swiss franc was particularly sought after

Eurostoxx 50 futures down 0.4 pct, DAX futures down 0.6 pct, CAC 40 futures down 0.5 pct, FTSE futures down 0.3 pct, IBEX futures down 0.3 pct

Reuters poll - chance of a global trade war has increased in last month, say half of 34 economists polled

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