Switzerland Defends Franc With Cash Reserve Boost

Aug. 7 (Bloomberg) -- Bloomberg's Sara Eisen reports that the Swiss central bank’s foreign-currency reserves surged to a record in July as the euro region’s increasing turmoil forced policy makers to step up their defense of the franc ceiling. Switzerland’s cash pile swelled 11.3 percent in the month, pushing holdings to 71 percent of gross domestic product. She speaks on Bloomberg Television's "In The Loop."
Samsung Gears Up for Smartwatch Battle With Apple
45:56 - Bloomberg's Stephen Pulrivent reviews Samsung's latest smartwatch, the "Gear S2," and looks at what may come next from Apple at its event to launch the latest version of the iPhone. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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