Felix Wagner 
The Swiss National Bank held its policy interest rate at zero percent to prevent Swiss franc appreciation, contrasting with rate-hiking cycles at other central banks
The IMK (Institute for Macroeconomics and Business Cycle Research) has substantially reduced its economic growth forecasts for Germany for 2026 and 2027, citing the economic fallout from the Iran conflict and persisting oil market volatility as key drivers of the downward revision.
The Swiss National Bank holds its key interest rate at zero percent while other central banks raise rates, seeking to prevent the Swiss franc from strengthening
Bernd Förtsch, a German media mogul and investor, is raising concerns about BioNTech SE regarding the planned departure of its founders and the transfer of assets to their new venture, calling for more transparency and details on the matter.
BMW shares experienced a significant decline of more than 11 percent as the German DAX index remained just below the 25,000 point threshold. The article indicates that investors are currently focused on awaiting the fulfillment of promises, with attention directed toward key individuals rather than the broader equity market.
Vonovia CEO Luka Mucic responds to escalating tensions in Berlin’s expropriation debate, addressing burning cars and verbal abuse of company employees. He advocates for a middle ground approach to resolve the housing and landlord tensions.
Julius Baer maintains a bearish outlook on crude oil (Brent), predicting further price declines despite significant recent corrections. The firm references the ‘ketchup effect’ as justification for continued downward pressure on oil prices.
Gulf state sovereign wealth funds are participating in the corporate pension outsourcing market through an investment in Vedra Pensions, which has assumed pension liabilities from major corporations such as Ceconomy. The deal involves a financial investor and a team of investors backed by Gulf capital.
SIX announced the immediate departure of Rafael Moral Santiago, who headed the Securities Services division and sat on the management committee. He had held the position for approximately one year. Marion Leslie will temporarily lead the Securities Services business unit while SIX conducts a search for a permanent replacement.
Wage negotiations between Postbank and union Verdi have failed. The union has threatened to hold a ballot on indefinite strikes and plans another round of negotiations before proceeding with strike action.