- Says SNB can’t react on short term oil price developments
- Oil price situation is reflected in inflation forecast, forecast assumes oil at higher level than current price
Jordan won’t give the market the slightest inkling as to whether they’ve been in. As far as they are concerned they will only come in at 1.2000 and not a rappen more….officially
Zurbruegg up now saying that changes in sight deposits can happen for various reasons and fluctuations are not unusual
The sight deposits are the market clue as to whether the SNB has been intervening
