The SNB is the first central bank among the G10 countries to reduce interest rates. Markets were surprised because the bank's earlier announcements did not indicate such a move in March. The Swiss franc lost both against the dollar [...]

The beginning of Thursday's session on world markets is marked by recession. GDP data for the fourth quarter indicated that both Japan and the United Kingdom were struggling with technical economic contraction in the second half [...]

The beginning of Wednesday's session on financial markets is not favorable for the British pound. Lower CPI data from the UK combined with higher inflation readings in the US push the GBP/USD pair down. Policy [...]

With inflation falling faster than expected in the Bank of England's (BoE) November Monetary Policy Report, the revision of inflation projections is likely to show UK CPI falling [...]