Swiss National Bank reconfirms with US it doesn’t seek competitive edge via forex

Investing.comMonday, September 29, 2025 at 12:49:16 PM
Swiss National Bank reconfirms with US it doesn’t seek competitive edge via forex
The Swiss National Bank has reaffirmed its stance to the United States that it does not aim to gain a competitive advantage through foreign exchange practices. This clarification is significant as it highlights Switzerland's commitment to fair trade and stable currency practices, which can foster trust among international investors and maintain economic stability.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Trump renews threat to impose 100% tariffs on non-US made movies
NegativeFinancial Markets
President Trump has reignited his threat to impose 100% tariffs on movies not made in the United States, claiming that the American film-making industry has been 'stolen' by foreign countries. This move could have significant implications for the film industry, potentially raising costs for consumers and affecting international collaborations.
AstraZeneca plans full US listing while defusing fears of UK exit
PositiveFinancial Markets
AstraZeneca is moving forward with plans for a full listing on the US stock market, which is seen as a positive step for the company amid concerns about its potential exit from the UK. This decision not only reassures investors but also highlights AstraZeneca's commitment to maintaining a strong presence in both markets. The dual listing could enhance the company's visibility and access to capital, making it a significant development in the pharmaceutical industry.
Labor Department to suspend US economic data releases if government shuts down
NegativeFinancial Markets
The Labor Department has announced that it will suspend the release of key economic data if the government shuts down. This is significant because such data is crucial for understanding the health of the economy and guiding policy decisions. A shutdown could lead to a lack of transparency and hinder economic planning for businesses and investors.
Trump says US to impose 100% tariff on movies made outside the country
NegativeFinancial Markets
In a surprising move, President Trump announced that the U.S. will impose a 100% tariff on movies produced outside the country. This decision has raised concerns among filmmakers and industry experts, as it could significantly impact the availability of international films in the U.S. market. The tariff aims to protect domestic productions but may lead to higher prices for consumers and limit cultural exchange. It's a bold step that could reshape the entertainment landscape.
September US Junk Bond Issuance Nears Fifth Busiest Month Ever
PositiveFinancial Markets
September is shaping up to be a remarkable month for the US junk bond market, with issuance expected to reach $51 billion, marking it as the fifth-busiest month ever. This surge in activity highlights the growing investor appetite for higher-yielding assets, which is significant for market dynamics and economic recovery. It reflects confidence in the corporate sector and could signal a positive trend for future financing.
US expands export blacklist in crackdown on Chinese workarounds
NegativeFinancial Markets
The US has expanded its export blacklist, targeting Chinese companies that are allegedly finding ways to circumvent existing trade restrictions. This move is significant as it reflects ongoing tensions between the US and China, particularly in the tech sector, and aims to protect national security by limiting access to sensitive technologies. The implications of this decision could further strain economic relations and impact global supply chains.
U.S. gold reserves hit $1 trillion in value after record rally
PositiveFinancial Markets
The U.S. Treasury's gold reserves have reached an impressive milestone, surpassing $1 trillion in value, which is over 90 times the amount reported on the government's balance sheet. This significant increase highlights the strength of gold as a financial asset and its importance in the U.S. economy, especially during times of market volatility. It reflects a growing confidence in gold as a hedge against inflation and economic uncertainty.
Millions of workers are left out of the ‘low-hire, low-fire’ U.S. job market
NegativeFinancial Markets
The U.S. job market is increasingly challenging for many workers, particularly those seeking senior-level positions. A recent report highlights that millions are struggling to find stable employment, often feeling like they have to work harder than expected just to secure a job. This situation is concerning as it reflects broader issues of job security and the difficulties faced by individuals in navigating a 'low-hire, low-fire' environment. Understanding these dynamics is crucial for addressing the needs of the workforce and fostering a healthier job market.
US pending home sales rebound in August amid low mortgage rates
PositiveFinancial Markets
In August, pending home sales in the US saw a notable rebound, largely attributed to low mortgage rates that have made home buying more accessible. This uptick is significant as it indicates a potential recovery in the housing market, which has faced challenges in recent months. With more buyers entering the market, it could lead to increased activity in real estate, benefiting both sellers and the economy.
BP to push ahead with $5 billion Tiber-Guadalupe project in sharpened US focus
PositiveFinancial Markets
BP is moving forward with its ambitious $5 billion Tiber-Guadalupe project, reflecting a renewed focus on the U.S. energy market. This decision is significant as it highlights BP's commitment to expanding its operations in the U.S., which could lead to job creation and increased energy production. The project is expected to enhance BP's portfolio and strengthen its position in the competitive energy sector.
11 Best Forex Prop Firms in 2025: The Ultimate Guide for Ambitious Traders
PositiveFinancial Markets
The article highlights the top 11 forex prop firms for 2025, providing ambitious traders with valuable insights into the best options available. This guide is essential for those looking to enhance their trading experience and maximize their potential in the forex market, especially as the landscape evolves and new opportunities arise.
The Role of Employer Matching in 401(k) Growth
PositiveFinancial Markets
Employer matching plays a crucial role in the growth of 401(k) retirement plans, significantly boosting savings for employees. This practice not only incentivizes workers to contribute more but also enhances their financial security for the future. Understanding how employer matching works can empower individuals to take full advantage of their retirement plans, making it an essential topic for anyone looking to secure their financial future.
Latest from Financial Markets
Trump renews threat to impose 100% tariffs on non-US made movies
NegativeFinancial Markets
President Trump has reignited his threat to impose 100% tariffs on movies not made in the United States, claiming that the American film-making industry has been 'stolen' by foreign countries. This move could have significant implications for the film industry, potentially raising costs for consumers and affecting international collaborations.
Ormat Technologies stock hits 52-week high at 95.39 USD
PositiveFinancial Markets
Ormat Technologies has reached a significant milestone as its stock price hit a 52-week high of 95.39 USD. This achievement reflects the company's strong performance and investor confidence in its renewable energy solutions. As the demand for sustainable energy sources continues to grow, Ormat's success is a positive indicator for the industry and could attract more investors looking for opportunities in green technology.
Trump administration tightens export controls on Chinese companies
NegativeFinancial Markets
The Trump administration has implemented stricter export controls targeting Chinese companies, particularly affecting subsidiaries of entities that have been blacklisted by the US government. This move is significant as it reflects ongoing tensions between the US and China, impacting trade relations and potentially hindering the operations of affected companies. The tightening of these controls could lead to further economic repercussions and escalate the trade conflict.
Honeywell's West Lays Out Future Energy Needs
PositiveFinancial Markets
In a recent interview, Honeywell's Energy and Sustainability Solutions President & CEO Ken West emphasized the growing demand for energy, predicting that the world will require more power in the future. This insight is crucial as it highlights the need for innovative solutions and sustainable practices to meet increasing energy needs, making it a significant topic for businesses and policymakers alike.
Carnival Q3 2025 presentation slides: Record $2B profit and third guidance raise
PositiveFinancial Markets
Carnival Corporation has reported a record profit of $2 billion for the third quarter of 2025, marking a significant milestone for the cruise line industry. This impressive financial performance not only highlights the company's recovery post-pandemic but also reflects strong consumer demand for travel experiences. Additionally, Carnival raised its guidance for the upcoming quarters, indicating confidence in sustained growth. This news is crucial as it signals a robust rebound in tourism and could positively impact related sectors.
CorVel Corp stock hits 52-week low at $77.64
NegativeFinancial Markets
CorVel Corp's stock has reached a 52-week low, dropping to $77.64, which raises concerns among investors about the company's financial health and market performance. This decline could impact investor confidence and may lead to further scrutiny of CorVel's business strategies and future prospects.