If there’s one country with reason to resent the rise of populist movements, it’s Switzerland. Twenty-two months after it abandoned its 1.20-per-euro exchange-rate cap, the Swiss National Bank still finds the franc in focus every time there’s a major event that threatens to upset markets. Donald Trump’s ascendancy to the White House pushed the currency to the strongest level since the wake of June’s Brexit vote, and options prices suggest more gains are likely. Respublica Trust Director Phillip Blond discusses with Guy Johnson and Caroline Hyde on “Bloomberg Markets: European Open.” [embedded content] (Bloomberg) Phillip Blond is an English political philosopher and director of the ResPublica think tank.
Topics:
Phillip Blond considers the following as important: Caroline Hyde, Featured, Guy Johnson, newslettersent, Phillip Blond, Swiss Markets and News
This could be interesting, too:
Marc Chandler writes Consolidative Tone to Start the Week
Daniel Lacalle writes The Fed Fears a Bond Meltdown
Mark Thornton writes Commercial Real Estate’s Future
Wanjiru Njoya writes Property Rights and the Will to Own
If there’s one country with reason to resent the rise of populist movements, it’s Switzerland. Twenty-two months after it abandoned its 1.20-per-euro exchange-rate cap, the Swiss National Bank still finds the franc in focus every time there’s a major event that threatens to upset markets. Donald Trump’s ascendancy to the White House pushed the currency to the strongest level since the wake of June’s Brexit vote, and options prices suggest more gains are likely. Respublica Trust Director Phillip Blond discusses with Guy Johnson and Caroline Hyde on “Bloomberg Markets: European Open.”
Phillip Blond is an English political philosopher and director of the ResPublica think tank.