SNB & CHF

Subscribe to our Free Financial Newsletter: http://crushthestreet.com TOPICS IN THIS INTERVIEW: 01:15 Fed rate cuts and recession risks looming 05:35 The realisation that the economy is going to implode 08:20 Gold strongly closing out Q3 2019 12:40 Gold on steroids: Silver is severely undervalued! 18:30 Bitcoin $10,000, speculation or utility driven value? 25:00 How to own Gold in the safest way possible

Aug.05 -- Marc Chandler, chief market strategist at Bannockburn Global Forex, discusses the market implications of China letting the yuan slip to its lowest level in more than a decade. He speaks with Bloomberg's Caroline Hyde on "Bloomberg Surveillance."

Aug.05 -- Marc Chandler, chief market strategist at Bannockburn Global Forex, discusses the market implications of China letting the yuan slip to its lowest level in more than a decade. He speaks with Bloomberg's Caroline Hyde on "Bloomberg Surveillance."

Swiss Franc The Euro has fallen by 0.13% to 1.0893 EUR/CHF and USD/CHF, August 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Chinese officials took the US tariff hike quietly last week but struck back today. The PBOC fixed the dollar higher (CNY6.90), which it has not done, and will halt imports of US agriculture. The dollar shot through CNY7.0 to finish the...

The die is cast. To defend the uneven expansion and ward off disinflationary forces, monetary authorities will provide more accommodation. The Federal Reserve delivered its first rate cut in more than a decade and stopped unwinding its balance sheet two months earlier than it previously indicated (worth $100 bln of additional buying of Treasuries and Agencies). Following the end of the tariff truce, and after the July...

05.08.2019 – Turnover in the retail sector rose by 0.7% in nominal terms in June 2019 compared with the previous year. Seasonally adjusted, nominal turnover rose by 1.4% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover in the retail sector also adjusted for sales days and holidays rose by 0.7% in June 2019 compared with the previous year. Real...

After falling against all the major currencies in June, the US dollar rebounded in July. The Dollar Index finished the month at new two-year highs with the Fed’s suggestion it was engaged in a mid-course correction rather than a sustained easing cycle. The dollar also appeared buoyed by the extent of the dovishness by the ECB and the heightened risks that the UK leaves the EU at the end of October without an agreement....

© Mr.phonlawat Chaicheevinlikit | Dreamstime.com In 2018, 830,000 people in Switzerland were unable to find the work they wanted, according the Federal Statistical Office. While 243,000 were looking but not immediately available and 231,000 were unemployed, most (356,000) were underemployed – working but unable to find as many hours of work as they’d like. The additional hours sought by underemployed workers was...

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