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SNB & CHF

Tourists continue to flock to Switzerland

Tourists in front of the Lion statue in Lucerne (Keystone) The number of overnight stays in Swiss hotels increased by 3.8% last year to 38.8 million. Domestic tourism also registered a rise with 17.7 million stays by Swiss guests – up 2.7% on the previous year – Switzerland Tourismexternal link said at its annual press conference on Tuesday. It also welcomed the 3.7% increase in European guests but added that in...

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Why some Swiss people still get measles

Measles, a potentially deadly virus, is still breaking out in Switzerland, despite the availability of vaccinations. --- 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...

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GERMANY: ECONOMY & SOVEREIGN BOND

After a difficult second half of 2018, the outlook for Germany’s economy and sovereign bonds turns brighter. A host of factors weighed on German growth in H2 2018: a sharp slowdown in global demand on the external side and several transitory factors on the domestic side impacted industrial activity. At the same time, the 10-year German Bund yield has been trending downward. The steep fall in the oil price in late 2018,...

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Now that Housing Bubble #2 Is Bursting…How Low Will It Go?

Unless the Fed is going to start buying millions of homes outright, prices are going to fall to what buyers can afford. There are two generalities that can be applied to all asset bubbles: 1. Bubbles inflate for longer and reach higher levels than most pre-bubble analysts expected 2. All bubbles burst, despite mantra-like claims that “this time it’s different” The bubble burst tends to follow a symmetrical reversal of...

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Is Lending the Root of All Evil? Report 24 Feb

Ayn Rand famously defended money. In Atlas Shrugged, Francisco D’Anconia says: “So you think that money is the root of all evil? . . . Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value....

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FX Daily, February 25: Dollar Thumped on Confirmation of Tariff Delay while Stocks Advance

Swiss Franc The Euro has risen by 0.18% at 1.1358 EUR/CHF and USD/CHF, February 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The extension of the US-China tariff freeze had been telegraphed, but the confirmation is the single biggest driver of the day. Equities, led by a 5%+ advance in China, have rallied in Asia and Europe. Benchmark 10-year bond yields are...

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Employment Barometer in the Q4 2018: Situation Sustained

25.02.2019 – In the 4th quarter 2018, total employment (number of jobs) rose by 1.3% in comparison with the same quarter a year earlier (+0.2% with previous quarter; seasonally adjusted figures). In full-time equivalents, employment in the same period rose by 1.6%. The Swiss economy counted 12 200 more vacancies than in the corresponding quarter of the previous year (+19.6%) and the employment outlook indicator is also...

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More Job seekers abroad drain Swiss Unemployment Benefits

In 2018, some 28% of Swiss unemployment benefits exported abroad were destined for Portugal. (Keystone) - Click to enlarge The number of people drawing on Swiss unemployment benefits while searching for a job in the European Union has risen sharply in the last five years. Foreigners returning home make up the largest share, according to government data analysed by SonntagsBlick. Anyone losing their job in Switzerland...

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