On Thursday, the European market woke up to a surprise shock from the land known for its cuckoo clocks. The Swiss National Bank (SNB) delivered a one-two punch to the financial market by abandoning its policy to cap the relative value of the Swiss franc (CHF) to the euro (EUR) and cutting its deposit interest rate to MINUS 0.75 percent. You didn’t read it wrong. Negative interest rate. Needless to say, the market is in turmoil.