SNB Chair Schlegel says the bank has raised readiness to intervene against franc overvaluation pressure tied to Middle East escalation

Gold ​ticked higher on Tuesday as market participants focused on developments in the Middle East and upcoming U.S. economic data to gauge their impact on monetary policy. Spot gold was up 0.5% to $4,504.36 per ounce as of 11:16 a.m. EDT (1516 GMT) after falling as much as 2% on Monday. U.S. ​gold futures gained 0.6% to $4,534.00. Gold market trajectory ...

President Donald Trump cursed at Israeli Prime Minister Benjamin Netanyahu during a roughly 15-minute phone call on Monday, multiple sources familiar with the call told ABC News, with the president angered by Israel's escalation in Lebanon and its potential to imperil the administration's ongoing negotiations with Iran. Trump accused Netanyahu of being ...

Mehr News, citing a source, reports that Iran is still reviewing the final text in Tehran and has not yet submitted a response to the U.S. Iran reportedly still discussing final text of agreement, no response sent to US yet The report cites a source familiar with the situation, in saying that Iran's final text of the deal is still being discussed in Tehran at this juncture. Adding that there is no response yet that is sent to the US on that. There has been so much back and forth on the text/terms of the deal that it is easy to lose track of what is happening. However, the bottom line is that there is still some differences that require sorting out. And that has been the case for well over two weeks already. A reminder on what needs to be agreed between the two sides so that the deal can be signed off: And even then, all this does is to allow for nuclear discussions to take place next. In that lieu, the US is also demanding that Iran provide some baseline promises on nuclear/uranium. The language of it all will be tricky but I wouldn't expect Iran to abide to any "promises" no matter what.