U.S. vice president Vance said final negotiations on Iran and the Strait of Hormuz will determine terms in 60 days.

The Swiss National Bank left its policy rate at 0% on Thursday — the fourth consecutive quarterly meeting at that level and signaling a second year of effectively zero rates. The SNB reiterated it has “increased willingness” to intervene in FX markets if necessary to prevent a rapid, excessive Swiss franc appreciation and protect price stability, language it has repeatedly used since the outbreak of the Iran conflict. The franc remains below the level seen during earlier safe-haven inflows; this week’s peace agreement may further reduce safe-haven demand. Retaining the intervention wording preserves policy flexibility if the conflict re‑escalates. Whether the SNB executed the March intervention threat will be confirmed when Q1 FX data are published on June 30.

Omdia forecasts global XR headwear shipments will fall 12% in 2026 to 6.2 mln units, then rebound 4.8% to 6.5 mln units in 2027. The firm says the recovery will be driven by rapid expansion of XR glasses, which should offset ongoing declines in bulkier headsets as consumers and manufacturers increasingly favour lighter glasses form factors.