Global EconomyIMPORTANTNovember 11 at 05:17 AM

SNB's Schlegel says that they are ready to be active in FX markets

ORIGINAL · NewsquawkSNB's Schlegel says that they are ready to be active in FX markets

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Schlegel says the SNB is ready to be active in foreign-exchange markets; earlier comments linked intervention to price-stability risks, amid reported Swiss franc depreciation.

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Iran's Rezaei says that any new US attack would be met with the targetting of "distant" US military bases as well, Al Mayadeen reports; will not remove any enriched nuclear material from Iran

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Iran General Abdollahi warned the "US and the Zionist regime that previous blows were only the beginning of the events, and in case of any new calculation error, strikes far more deadly await them." adding, "this is a credible threat..."

Geopolitics

SNB's Schlegel says that they are ready to be active in FX markets

What do investors think?

Today's market highlights

Iran's Rezaei says that any new US attack would be met with the targetting of "distant" US military bases as well, Al Mayadeen reports; will not remove any enriched nuclear material from Iran

Iran General Abdollahi warned the "US and the Zionist regime that previous blows were only the beginning of the events, and in case of any new calculation error, strikes far more deadly await them." adding, "this is a credible threat..."

Russia to update on the Abu Dhabi talks within the next hour, sources suggest