After staying positive save for a very brief while before the closing bell, the Switzerland market's benchmark index SMI managed to eke out a small gain on Monday.
The bright start was in line with most of the markets across the globe following the U.S. and Iran agreeing to a peace deal. The preliminary framework agreed to by the two nations includes halting the U.S. blockade of Iran and reopening of the Strait of Hormuz.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.