The markets are a flutter with one single headline:
The Swiss National Bank's troubled Chairman Philipp Hildebrand - who despite being cleared of any wrong-doing in conjunction to his wife's questionable currency purchases just days before the Swiss Franc's devaluation - has lost to the court of public opinion and has clearly bowed to pressure to resign.
Hildebrand will be making a statement at 15:15 CET in Berne.
For more details on the case, check out Euromoney's coverage below:
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