18 hours ago
Swiss Manufacturing Jumps on Hope for Tariff Deal With US
Swiss manufacturing rose much more than anticipated in June, reflecting hope that a solution to the ongoing tariff spat with the US can be found as the July 9 deadline looms.
The Purchasing Managers' Index rose to 49.6 from 42.1 in May, the third-largest change in the indicator's history, UBS and said on Tuesday. Economists surveyed by Bloomberg had expected a smaller increase.
