Well be discussing this much of the morning. Oil back with a fivehandle after the rally. First time oils been above 50 since january 6th. Road map begins with surprise surge in the swiss franc after the National Bank scraps the currency floor set in 2011. In turn volatility jumps and markets around the world. Bank of america shares down in the premarket with profits and revenues both coming in below expectations. And target best buy moving dramatically in premarket but opposite directions. Well explain why in a moment. First up surprising news out of switzerland, the swiss National Bank scrapping exchange rate. It was the end of a currency floor set back in 2011 to head off deflation and in response, swiss franc surges against the euro major currencies. The swiss markets down 9 . People wondering trying to get out of the way of draghi next week. Well, i guess so. I mean this is a puzzling move because typically you dont do something that you know is going to hurt your country dont do s
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