(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Sight deposits at the Swiss National Bank increased only marginally last week, suggesting President Thomas Jordan and his colleagues aren’t taking much action to counter the strengthening franc.Iran-U.S. tensions and fears about the spreading Coronavirus has lifted the haven franc this year. Earlier on Monday, it breached the 1.07 per euro mark to touch a fresh three-year high.Yet the amount of cash commercial banks hold with the central bank — seen as a early indicator of activity — rose just 0.22% to …read more
Source:: Yahoo Finance
