Switzerland Unemployment Rate s.a (MoM) remains unchanged at 3.3% in May

FXStreet.com (Barcelona)

SNB unlikely to act in June, Buy EUR/CHF dips – Nomura

The SNB is likely to disappoint the markets in its 18th June meeting by holding policy intact, and hence near-term EUR/CHF dips remain a good buy opportunity, according to FX Strategists at Nomura.
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Chinese steel prices fall to new record lows – RBS

Greg Gibbs, FX Trading Strategist at RBS, notes that weak demand and a flat production have led the Chinese steel prices to fall down to 17.6% year-to-date.
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