The Switzerland stock market closed modestly higher on Tuesday after staying positive almost right through the trading session.
Hopes about U.S. and Iran signing a preliminary peace deal this week supported sentiment.
Investors also looked ahead to the monetary policy announcements from the Federal Reserve (Wednesday), the Bank of England (Thursday) and the Swiss National Bank (Thursday).
The Swiss National Bank is widely expected to hold its key policy rate at 0%. The benchmark SMI closed with a gain of 43.99 points or 0.32% at 13,761.53, nearly 40 points off the day's high of 13,799.36.
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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.