Israeli tanks close in on Gaza City, Trump to chair meeting

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There has been lots of talk about central banks diversifying away from dollars but the SNB is among the first to confirm it.
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Investors are underestimating the inflation risk of President Trump’s tariffs, which will push up import costs, according to Deutsche Bank. One indicator forecasts U.S. inflation may exceed 4% soon. Consumers are also expecting higher prices. But the inflation swaps market…