SNB & CHF

Swiss Franc The Euro has risen by 0.15% at 1.1386 EUR/CHF and USD/CHF, April 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It promises to be an eventful week with the FOMC and BOE meeting, US jobs report and EMU April CPI and Q1 GDP on tap.  However, the week is marked by the May Day holiday in the middle of the week. Japan’s markets are closed all week, while...

Are unstaffed shops the future of shopping? (SRF/swissinfo.ch) At Zurich main railway station a trial is being carried out with an unstaffed shop that can only be accessed using a mobile app and a QR code. Is this the future of shopping? (SRF/swissinfo.ch) --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit...

Displacing 9.000 metric tons of rock to create 1.500 square meters of artspace --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel: http://www.youtube.com/swissinfovideos Subscribe:...

Are unstaffed shops the future of shopping? (SRF/swissinfo.ch) At Zurich main railway station a trial is being carried out with an unstaffed shop that can only be accessed using a mobile app and a QR code. Is this the future of shopping? (SRF/swissinfo.ch) --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit...

© Pavel Abramov | Dreamstime.com In 2019, Switzerland lost one place slipping from 5th to 6th place out of 180, according to the latest world ranking of press freedom by the organisation Reporters Without Borders. The change was largely driven by the stronger performance of Denmark, which moved up into 5th place. According to the report, the press in Switzerland continues to face economic pressure and to suffer from a...

The economic sickness is predictably spreading. While unexpected in most of the world which still, somehow, depends on central banking forecasts, it really has been almost inevitable. From the very start, just the utterance of the word “decoupling” was the kiss of death. What that meant in the context of globally synchronized growth, 2017’s repeatedly dominant narrative, wasn’t the end of synchronized as many tried to...

© Toxawww | Dreamstime.com A referendum on revising gun laws scheduled for 19 May 2019 could cause major disruption at airports in Zurich and Geneva if it succeeds, according to various newspapers. If the vote passes it might eventually lead to the exclusion of Switzerland from the Schengen area. If this happened, Swiss airports would need to check the passports of all those entering from and departing to other Schengen...

Next month, in the durable goods series, the Census Bureau will release the results of its annual benchmark changes. In May 2019, the agency will revise the seasonal adjustments going back to January 2002. Unadjusted data will not be, well, further adjusted. None of this, apparently, will include any information gleaned from the comprehensive 2017 Economic Census. I haven’t closely followed the progress of the latter,...

© Viorel Dudau | Dreamstime.com A recent study by Geneva’s department of economic development (DDE) looks at the shopping habits of its residents and the residents of neighbouring Vaud and neighbouring France – an area including Nyon and parts of the French Ain and Haute Savoie regions. Every year, the residents of this greater Geneva region spend around CHF 7.2 billion francs on consumable items in physical stores....

Royal Bank of India (RBI) may buy another 1.5 million oz this year according to OCBC Many other central banks including large creditor nations Russia and China are also adding to gold holdings via Bloomberg India’s central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide gold bullion demand as top economies diversify their...