What is it? It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

When? December 11th at 3:30am Eastern Time.

 

 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CHF to rise.

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What is it? It checks the London interest rate for 3-month Swiss franc deposits.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? December 11th at 3:30am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the CHF to rise.

Talk to us to get get FREE signals and start earning now: 

 

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4 Tips for Today's Trading - 10/12

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US markets are on track for a modestly lower start. Index futures spent the bulk of the night just below their flat lines, but slipped to lows about an hour ago. The recent downtick took place as markets in Europe retreated to their lows, but for the time being, the key indices there have been able to stay out of the red.

The major Asian bourses ended mixed. Japan's 10-yr yield dipped below the 0.40% threshold for the first time ever after the BSI Manufacturing Index (8.1; expected 13.1) was the latest number to fall short of estimates.

Major European indices have slipped from their highs with Spain's IBEX (-0.1%) dipping into the red. Elsewhere, Bank of England Governor Mark Carney discussed the expected rate path once again, saying rate hikes will be gradual and limited. Mr. Carney also said inflation is likely to dip below 1.0%

Gold climbed today, while Crude oil is lower by 2.2% at $62.45/bbl while copper futures have surrendered 1.0% to $2.899/lb.

 

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 10/12

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

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