The SNB’s surprise move

The Swiss National Bank (SNB) surprised markets by cutting interest rates ahead of other major central banks, sending Swiss equities higher yesterday. Equities were also higher elsewhere: in the US, all three major indices closed at record levels, and European equities also ended at new all-time highs, with UK equities seeing strong gains. Overnight in Asia, however, stock markets were mostly lower, with Japan – once again – being the outlier. Tim Gagie, Head of FX & PM Solutions Geneva, and Markus Waeber from Real Estate Advisory join today’s show to discuss what the central banks' decisions mean for the FX and Swiss real estate markets.00:00 Introduction by Helen Freer (Investment Writing)00:45 Markets wrap-up by Lucija Caculovic (Investment Writing)07:02 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva)12:22 What the SNB rate cut means for the Swiss real estate market by Markus Waeber (Head Indirect Real Estate Advisory & Intelligence)15:03 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.