SNB could enact new measures to help stem the rise in the CHF – Livesquawk

Mention of further rate cuts among the chatter. Not got a definitive source yet so will update.

EUR/CHF took 40 odd pip bounce moments ago and this might explain some of that.

Update: Just seen a note from Socgen saying that the SNB could attempt to offset deflationary pressure through a QE program and/or further rate cuts.

That might be where this has come from

I’ll finish off the PMI post now