SNB & CHF

The 'Crypto Valley' of Zug established itself as a leading global hub for ICOs last year (Keystone) - Click to enlarge Legendary United States crypto investor Tim Draper believes Switzerland has missed the boat in establishing itself as an attractive global hub for blockchain start-ups. Draper has invested in Tezos, which ran into a damaging governance row in Switzerland shortly after its initial coin...

Japanese industrial production dropped sharply in January 2018, Japan’s Ministry of Economy, Trade, and Industry reported last month. Seasonally-adjusted, the IP index fell 6.8% month-over-month from December 2017. Since the country has very little mining sector to speak of, and Japan’s IP doesn’t include utility output, this was entirely manufacturing in nature (99.79% of the IP index is derived from the manufacturing...

Being outside and showing people around Switzerland's magnificent scenery: it sounds like the makings of a dream job, yet not enough people are showing interest in becoming mountain guides anymore. Swiss Public Television, SRF found out why. (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...

In the past, the French-speaking Swiss rap scene was dominated by Sens Unik and Stress. Today's stars are Slimka, Makala and Di-Meh. What makes their music so popular? (RTS/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: Website:...

USD/CHF The USDCHF pair attempted to breach 0.9581 level yesterday but it returns to move below it now, which keeps the bearish trend scenario valid until now, supported by stochastic move within the overbought areas, waiting to head towards 0.9488 as a first target. We reminding you that confirming breaching 0.9581 will push the price to visit 61.8% Fibonacci correction level at 0.9675 before any new attempt to...

Keith Weiner, CEO of Monetary Metals, explains what is wrong with our monetary system, and how to fix it. ----- Table of Contents ----- What is the Problem with our Monetary System? | 00:47 The Dollar Cancer | 2:27 Two Fatal Flaws of the Monetary System | 5:36 1st Flaw: Dollar is Irredeemable | 6:04 2nd Flaw: Interest is Unhinged | 9:11 Negative Interest Rates | 11:50 Debauching the Currency | 15:08 Underpants Business Model | 20:17 Not Enough Gold for a Gold Standard | 21:43 Petro-Yuan and...

Keith Weiner, CEO of Monetary Metals, explains what is wrong with our monetary system, and how to fix it. ----- Table of Contents ----- What is the Problem with our Monetary System? | 00:47 The Dollar Cancer | 2:27 Two Fatal Flaws of the Monetary System | 5:36 1st Flaw: Dollar is Irredeemable | 6:04 2nd Flaw: Interest is Unhinged | 9:11 Negative Interest Rates | 11:50 Debauching the Currency | 15:08 Underpants Business Model | 20:17 Not Enough Gold for a Gold Standard | 21:43 Petro-Yuan and...

The Used Goods Question Retail sales in several countries like Germany, Japan and Switzerland continue to fall or they remain steady for years. In the United States they have strongly risen recently. We should remind readers, that used goods sold via Ebay or similar, are not contained in this statistics. Still they create economic value for the purchases. By mentality, Swiss, Germans or Japanese pay more attention so...

Swiss Franc The Euro has risen by 0.04% to 1.1754 CHF. EUR/CHF and USD/CHF, April 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The sell-off in US tech shares dragged the market lower. The S&P 500 fell for the sixth session of the past eight and closed below the 200-day moving average for the first time in a couple of years. The sell-off in Asia and Europe is...

Many are still celebrating the Easter holiday today, but not Tom Keene and Lisa Abramowicz and the Bloomberg team. They hosted me on Bloomberg TV today. As is often the case, the discussion was broad, covering the pressing economic and financial issues. In the first clip, which runs about 2.5 minutes, I sketch out the argument for the US economy being in a late-stage expansion. I cite the 12-month moving average of...