SNB to cut rates further, EUR/CHF at 1.10 in 12-m – Danske Bank

Senior Analyst at Danske Bank Christin Tuxen sees the SNB lowering further its deposits rate and the cross heading towards 1.10 in 12-month view...
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European stocks, US index futures drop

European shares extended the drop, while the major index futures in the US point to a weak opening as investors/traders hit sell trades tracking the weakness in the Chinese futures and outage on Bloomberg financial terminals.
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