After a positive start and a gradual retreat that resulted in a brief spell along the flat line around noon on Monday, Switzerland market's benchmark SMI recovered and managed to move higher and ended the day's session marginally up thanks to selective buying at a few frontline counters.
Expectations of an interest rate cut by the Federal Reserve in December, and signs of progress in Ukraine peace talks helped keep investor sentiment fairly positive.
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Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.