SNB & CHF

Comparing the most recent statistics on Swiss consumer inflation to those in 1993 reveals a steep drop in the percentage of spending allocated to food. © Tero Vesalainen | Dreamstime.com - Click to enlarge When statisticians calculate consumer price rises they look at the prices of a standard basket of goods. In 1993, food and non-alcoholic beverages made up 14.3% of the value of this standard basket. By 2018, the...

Gold Outperforms Stocks In Q1, 2018 – Gold signs off Q1 2018 with best run since 2011 – Gold price supported by safe haven demand, interest-rate concerns and inflation – Trade wars and concerns over equity market have sent investors towards gold – ETF holdings highest in nearly a decade – Goldman Sachs: ‘The dislocation between the gold prices and U.S. rates is here to stay’ Gold ended March with it’s best performance...

The vise will tighten until something breaks. It could be the currency, it could be the political status quo, it could be the credit/debt system–or all three. The problem with an economy dominated by state-enforced cartels and quasi-monopolies is that prices rise (since cartels can push higher costs onto the consumer) but wages don’t (since cartels can either dominate local labor markets or engage in global wage...

Apr.02 -- Marc Chandler, global head of currency strategy at Brown Brothers Harriman, discusses consumer debt and what it signals for the overall U.S. economy. He speaks with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance

Apr.02 -- Marc Chandler, Brown Brothers Harriman global head of currency strategy, discusses the rising dollar and using the yield curve as an indicator for economic expansion. He speaks with Bloomberg's Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance."

Apr.02 -- Marc Chandler, global head of currency strategy at Brown Brothers Harriman, discusses consumer debt and what it signals for the overall U.S. economy. He speaks with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance

Apr.02 -- Marc Chandler, Brown Brothers Harriman global head of currency strategy, discusses the rising dollar and using the yield curve as an indicator for economic expansion. He speaks with Bloomberg's Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance."

Swiss Franc The Euro has fallen by 0.03% to 1.1746 CHF. EUR/CHF and USD/CHF, April 02(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar drifted a little lower in Asia to start the week while equities had a slightly heavier bias. The MSCI Asia Pacific Index slipped 0.1%. European bourses are mostly closed for the extended Easter holiday, while the S&P is...

Swedish businessman Lundgren has been EasyJet's chief executive since December 2017. (Keystone) - Click to enlarge In an interview given to the SonntagsZeitung on Sunday, EasyJet CEO Johan Lundgren described the company’s strategy for increasing its already-growing share of passengers in the Swiss market. Lundgren told the German-language paper than in recent years, the low-cost British airline has counted...

Stock Markets EM FX was mostly stronger last week, despite the dollar’s firm tone against the majors. Best EM performers on the week were MXN, KRW, and COP while the worst were ZAR, INR, and PEN. US jobs data poses the biggest risk to EM this week, as US yields have been falling ahead of the data. Indeed, the current US 10-year yield of 2.74% is the lowest since February 6. We remain cautious on EM FX, and do not think...