Swiss National Bank chairman said the SNB has increased its readiness to intervene in foreign-exchange markets.

U.S. Treasury Secretary Bessent said inflation will be a "short-term fluctuation".

Canada's minister for Canada-U.S. trade, LeBlanc, said Ottawa has submitted a new, detailed trade proposal to the United States based on recent negotiations following a meeting in Washington with U.S. Trade Representative GREER. LeBlanc declined to disclose details, said talks will continue in coming days, and warned negotiations could still turn negative, calling "turbulence" inevitable; Ottawa is under pressure to show progress after Mexico began bilateral USMCA talks with Washington.