Let Loose: The Bloomberg Open, Asia Edition

Good morning. The SNB moves ahead of the Fed to ease. Taiwan shocks with a hike. And Yoshinobu Yamamoto fails his Dodgers debut.

What’s Happening Now

Easing global inflation fears allowed the SNB to unexpectedly cut rates, paving the way for the Fed to act. Larry Summers criticized the US central bank for having “itchy fingers” to trim. The BOE held, but its two hawks dropped their push for hikes. Mexican policymakers also cut. US stocksrose; Asian equity futures are mixed.

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Apple shed about $115 billion in market value after a report that it and Google are ...