SNB & CHF

Swiss Franc The Euro has risen by 0.11% to 1.1398 CHF. EUR/CHF and USD/CHF, August 25(see more posts on EUR/CHF, USD/CHF, ). FX Rates The event that investors have been waiting for and the media frequently linked to whatever price action has taken place has arrived: Yellen and Draghi’s speeches later today. Yellen is first. She will speak at 10:00 am ET. This is toward the end of the European trading week. Draghi...

© Clementgreenberg | Dreamstime - Click to enlarge The report says that while it is true that, as a group, women get paid less than men, it is not because they receive less for the same work. It is because they don’t get the highest-paying jobs in the highest-paid industries. Korn Ferry’s number crunchers took pay data on more than 20 million employees across 25,000 organisations in more than 110 countries. They...

Summary Yellen has identified two challenges regarding the US labor market, the opioid epidemic and women participation in the labor force. The topic of the Jackson Hole gathering lends itself more to a discussion of these issues than the nuances of monetary policy. Dynamic world growth needs a dynamic US economy, and that requires more serious thinking about these socio-economic and political issues. The topic at...

Philipp Hildebrand was forced out of his post less than two years into his tenure as head of the Swiss central bank (Keystone) Switzerland’s highest court has imposed suspended fines on a local politician and a former bank worker for leaking the personal bank transactions of former Swiss National Bank (SNB) chairman Philipp Hildebrand. The leak forced Hildebrand to resign in 2012. On Wednesday, the Supreme Court ended a...

– Gold up over 100% in major currencies since financial crisis– Gold up 100% in USD, 124% in EUR and surged 200% in GBP– Gold has outperformed equity, bonds and most assets– Gold remains an important safe-haven in long term Gold Prices(see more posts on Gold prices, )Gold prices from August 9th 2007 to August 9th 2017 - Click to enlarge It has been ten years since the global financial crisis began to take hold. At...

In the conventional view, there are two kinds of revolutions: political and technological. Political revolutions may be peaceful or violent, and technological revolutions may transform civilizations gradually or rather abruptly—for example, revolutionary advances in the technology of warfare. In this view, the engines of revolution are the state–government in all its layers and manifestations—and the corporate economy....

Nous alertons sur ce blog depuis des années sur le fait que la BNS, qui a récupéré grâce à la « réforme » de 2003 une levée des restrictions sur sa politique monétaire, mène une stratégie complaisante vis-à-vis du marché financier, et plus précisément américain. Nous avons osé affirmé que la BNS utilisait nos fonds de trafic de paiement pour gonfler de manière totalement illégitime (mais légalisée de fait)  son bilan....

Every dozen years or so, crowds flock to the Unspunnen Festival that features the best of Swiss traditions: alphorn music, Schwingen wrestling, flag throwing and a feat of strength to see who can throw an 83.5kg stone the furthest. This year it's in Interlaken. (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,...

Swiss Franc The Euro has fallen by 0.24% to 1.1366 CHF. EUR/CHF and USD/CHF, August 24(see more posts on #USD, $CHF, EUR/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is enjoying a firmer tone in quiet. Sterling is stabilizing after grinding down to its lowest level since late June. The Mexican peso, which had dropped in thin trading in Asia and Europe yesterday following Trump’s threat...

With nearby North Korea stepping up missile launches and nuclear tests, people in Japan are preparing for the worst by building private nuclear shelters using Swiss technology. (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: Website:...