A peace deal in the Middle East is influencing the European economy, causing the euro to rise against the Swiss franc, which is tied to Swiss central bank policy.

1 report, 1 independent Updated Aug 12

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Europe Middle East Swiss franc

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Part of

The Middle East conflict and higher US interest rates are impacting European economic stability and currency markets.

Also in this story

Interest-rate differential widens between US and Europe.Sep 24

All 4 developments

The entities involved

Europe
terrestrial continent located in north-western Eurasia
- Ardagh Metal Packaging SA reports strong volume growth in beverage can shipments amid fluctuating input costs in Europe.20:37
- Netflix reported strong regional growth in Q2, with Latin America growing 21% and EMEA growing 14%.20:33
Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
- Iran's regional conflict is causing uncertainty for global racing due to travel policy differences affecting race participation.20:21
- US surges forces to the Middle East as Trump considers expanding conflict against Iran.19:14
Swiss franc
currency of Switzerland and Liechtenstein

Nothing else this week.

Coverage

Newest first; wire copies grouped

Aug 12dailyforex.com