SNB & CHF

Swiss Franc The Euro has risen by 0.13% to 1.1522 CHF. EUR/CHF and USD/CHF, August 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar edged higher against most of the major currencies, and emerging market currencies are heavier. Sterling’s quarter percent drop makes it the weakest of the majors in slow turnover and it was sufficient to record a new...

In July, residents of the mountain village of Mitholz in canton Bern were shocked to find out that an ammunition storage site that had exploded 70 years ago could still present a danger to the public, as 3,500 tons of ammo are lying dormant under the debris. As Swiss Public Television, SRF, reported, there is ammunition stored in other places too. After the Second World War, Swiss ammunition depots were overflowing. In 1946 and 1947 two of these exploded: Mitholz, where 9 people died, and...

Philippe Reinhardts is an actor from Zurich, who has made it in Russia. He is recognised by many people on the street in Moscow. Swiss public television, SRF, accompanied him while filming. (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 swissinfo.ch or subscribe to our YouTube channel:...

Only 12 inhabitants now live in the village of Corippo in the Verzasca Valley, southern Switzerland. To survive, it is becoming a hotel resort for tourists looking for a different vacation experience. --- 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:...

Neuchâtel, 6 August 2018 (FSO) – The hotel sector registered 18.4 million overnight stays in Switzerland in the first half of 2018, representing an increase of 3.8% (+670,000 overnight stays) compared with the same period a year earlier. With a total of 10.0 million overnight stays, foreign demand rose by 4.6% (+444,000). Domestic visitors registered 8.3 million overnight stays, i.e. an increase of 2.8% (+226,000)....

"True Talk" puts people in front of the camera who are fighting prejudice or discrimination. They answer questions that nobody would normally dare to ask directly. --- 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:...

The Big Picture The diverging performance of major US stock market indexes which has been in place since the late January peak in DJIA and SPX has become even more extreme in recent months. In terms of duration and extent it is one of the most pronounced such divergences in history. It also happens to be accompanied by weakening market internals, some of the most extreme sentiment and positioning readings ever seen...

United States With most of the major central bank meetings and important economic data out of the way, the dog days of August are upon us. In terms of drivers, it means that players will have to look elsewhere for inspiration and it means that market liquidy is likely not at its best. That said, there are a few economic reports that will grab investors’ attention, even if briefly. Among them will be the US July CPI....

Stock Markets EM FX has come under pressure again due to ongoing trade tensions and rising US rates but saw some modest relief Friday after the PBOC announcement on FX forwards. This helped EM FX stabilize, but we do not think the negative fundamental backdrop has changed. Best performers last week were MXN, PHP, and PEN while the worst were TRY, ZAR, and KRW. Stock Markets Emerging Markets, August 01 - Click...

Kamm was director of the MCH Group which organises the world’s largest watch fair in Basel since 2003. (Keystone) The head of the world’s largest watch and jewellery trade show, the Swiss-based Baselworld, has handed in his resignation amid a row over the departure of several exhibitors. The MCH Group announced that CEO Peter Kamm would resign from his position “in view of the fundamental transformation phase in...