Tag Archives: russian gas supplies

The Swiss National Bank (SNB) is anticipated to maintain its current interest rate stance until at least June, aligning with its counterparts such as the European Central Bank and the US Federal Reserve. The SNB may opt to observe its peers’ actions regarding the cessation of monetary tightening before making …

On Thursday, March 23, at 08:30 GMT, the Swiss National Bank (SNB) is scheduled to declare its Monetary Policy Decision. As the release time draws near, below are the predictions made by the economists and researchers of 5 major banks on the impending central bank’s Interest Rate Decision. Notwithstanding the …

The impact of Russia’s sudden block of natural gas taps to Europe has saturated manufacturers and businesses in fresh risks. Energy prices climbed so fast that some factory owners had to rewrite business forecasts six times in two months. Recently, some manufacturers have put a third of their employees on …

For over 30 years, nuclear power was one of Germany’s most troublesome debates. But with Russia cutting gas, Germans are reconsidering their political energy taboos. As soon as Angela Merkel pulled the plug on nuclear power after the Fukushima meltdown, Germany was placed on course to become the only leading …

Political as well as other crises across Europe add further pressure on the shared currency. The EUR/USD pair plunged to 0.9951, a fresh multi-year low, now recovering above parity. Speculative interest turned into safety amid persistent fears of recession, triggering stock market selloffs.Fears temporarily cooled during the US session as …

It is typically a central bank-heavy week, with the US Fed having hiked interest rate by 75 points to bring inflation under control. For the Swiss National Bank, inflation is also its biggest problem. The inflation rate is running at its hottest levels since 2008. Ongoing geopolitical uncertainty and higher …

WTI crude oil continues to trade near $100 as market participants weigh European energy security developments versus China demand/global growth fears.The latest US inventory figures gave WTI some short-lived upside with the US SPR falling to its lowest since 2002. After posting a solid recovery on Tuesday following Monday’s brief …