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DAX (GER40) Edges Higher as SNB Holds Rates and Warns of Currency Intervention

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The Story

News Summary

  • The Swiss National Bank held its interest rate at 0% and warned of potential currency interventions to curb Swiss franc appreciation.
  • Consequently, Switzerland's SMI index closed 0.36% lower, dragged down by Roche and Novartis, despite positive trade data showing a widening surplus in May.
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Stored market data

GER40 price history

25568.56 +7.58% over the displayed period

Advisor Snapshot

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