C
C

CreditSuiss

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Credit Suisse cut by Fitch in latest ratings downgrade

ZURICH, Aug 5 (Reuters) - Fitch Ratings has cut Credit Suisse Group's CSGN.S long-term issuer default rating one notch to 'BBB' with a negative outlook, the latest downgrade for the embattled Swiss bank. Moody's lowered its ratings and S&P took a harsher view of the bank's prospects this week as Credit Suisse tries to stem losses and regain its foo
C

Swiss PMI dips slightly but industry stays in growth mode

ZURICH, Aug 2 (Reuters) - The Swiss purchasing managers' (PMI) index fell by 1.1 points in July, according to data published on Tuesday, but remained in positive territory despite concerns about rising energy prices and a slowdown in export markets. The manufacturing index dropped to a seasonally adjusted 58.0 points in July from 59.1 points in Jun
C

Swiss leading economic indicator points to gloom ahead

By John Revill ZURICH, July 29 (Reuters) - The forward-looking Swiss KOF economic barometer slipped to its lowest reading in two years in July, data published on Friday showed, indicating a sluggish development for one of Europe's traditionally more robust economies. The barometer, compiled by the KOF Institute at the Federal Institute of Technolog
C

Vontobel H1 profit drops 21% in tough markets

ZURICH, July 28 (Reuters) - First-half net profit at Swiss wealth and asset management group Vontobel VONN.S fell by a fifth as market ructions prompted a small net outflow of client funds, it said on Thursday. Group net profit slumped 21% to 151.4 million Swiss francs ($158 million), while operating income fell 12%. Net new money slipped 0.8%. Ret
C
U
J

Europe's banks flash some good news but downbeat on economy

By Tom Sims and Sinead Cruise FRANKFURT/LONDON, July 27 (Reuters) - European banks this week offered flashes of surprisingly good news on profits, but some executives spoke of a bleak outlook for the rest of the year amid raging inflation, war and energy shortages. Deutsche Bank DBKGn.DE , the German lender in Europe's largest economy, reported on
C
D
L
U
U

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.