SNB

Goldman Sachs & Morgan Stanley CEOs warned of potential 10–15% equity drawdowns, citing stretched valuations & fragile sentiment. Both said the tech sector looks expensive, with Solomon noting that even modest shocks could shift market psychology.

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PBOC is expected to set the USD/CNY reference rate at 7.1336 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.

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48m ago

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SNB total sight deposits w.e. 24 May CHF 578.6 bn vs CHF 578.3 bn prior

SNB's Moser: Central bank will intervene if we consider it to be appropriate

SNB total sight deposits w.e. 17 May CHF 578.3 bn vs CHF 578.1 bn prior

SNB total sight deposits w.e. 10 May CHF 578.1 bn vs CHF 577.7 bn prior

SNB's Jordan: Swiss franc is highly valued

SNB total sight deposits w.e. 3 May CHF 577.7 bn vs CHF 576.7 bn prior

SNB:Higher FX reserves to help EURCHF higher

SNB total sight deposits w.e. 26 April CHF 576.7 bn vs CHF 576.9 bn prior

SNB's Jordan: Rates will eventually turn positive again, but can't say when

Heads up: SNB chief Thomas Jordan due to speak later today

SNB total sight deposits w.e. 19 April CHF 576.9 bn vs CHF 576.7 bn prior

UBS says SNB to raise rates at the start of 2020, same time as ECB

SNB total sight deposits w.e. 12 April CHF 576.7 bn vs CHF 576.3 bn prior

Catch SNB Jordan's weekend FX intervention comments … before they catch you

SNB's Jordan sees no reason to change rates, but has room to cut or intervene

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