SNB & CHF

03.10.2022 – The consumer price index (CPI) fell by 0.2% in September 2022 compared with the previous month, reaching 104.6 points (December 2020 = 100). Inflation was +3.3% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).The decrease of 0.2% compared with the previous month can be explained by several factors including falling prices for fuels, heating oil, hotels and supplementary accommodation. In...

Many mainstream economists believe that economic stability refers to an absence of excessive fluctuations in the overall economy. An economy with constant output growth and low and stable price inflation is likely to be regarded as stable, while an economy with frequent boom-bust cycles and variable price inflation would be seen as unstable. According to popular thinking a stable economic environment with stable price inflation and stable output growth acts as a...

Bank of England responds to gilts, but is it guilty of nothing more than being the first of many more to come? Talking it over with Steve Van Metre, we find that markets aren't pricing this as an England thing, nor a Bank of England thing, rather just the beginning of a global deflationary wave all central banks will have to deal with before too long. Eurodollar University Conversations, featuring Steven Van Metre. Twitter: https://twitter.com/JeffSnider_AIP...

Interview original date: July 25th, 2022. Topics- Dollar shortages with Japanese Banks, Eurodollar University, creating an asset to get a liability, risk, pre-crisis era, most banks operate different than before 2008, risk-weighted assets, VAR, risk-adjusted return, confidence and counterparty risk shortage, banking system creating dollars in response to the market changes, loans, high interest rate, collateral, fire-selling assets, inflation, disinflation, what will be the Government's...

The historic dollar rally accelerated in September. By some measures, it is as rich as it has been in the half-century since the end of Bretton Woods. Persistent price pressures, a robust labor market in many dimensions, and the Federal Reserve's latest forecasts warn that financial conditions will tighten into next year. However, we suspect that the market may have seen peak Fed hawkishness when it briefly priced in a terminal Fed funds rate of around 5.50% towards...

Ryan and Tho talk with Mises.org author and German native Rosanna Weber about the energy crisis in Germany. German policymakers have greatly worsened the ongoing energy crisis in Germany by abandoning nuclear energy and taking a hard line on Russian natural gas. Now with the damage done to the Nord Stream pipeline, German consumers face even fewer options as winter approaches. Rosanna Weber is a graduate student in Economic History at the London School of Economics...

Today I am discussing a prediction that Bill Bonner made to earn American people about a nightmare winter that is coming to America. One of the most successful entrepreneurs in America over the past 50 years… Has gone public in recent weeks, with his “4th and Final Prediction”… about a scenario he calls: “America’s Nightmare Winter.” You’ve probably never heard of Bill Bonner--but in addition to owning an interest in businesses all over the...

Switzerland’s melting glaciers have revealed more unexpected, macabre secrets than ever this summer: human remains and plane wreckage trapped in the ice for over 50 years. Such discoveries are set to multiply in the coming years, says Robert Bolognesi, a snow science expert. --- 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,...

Zum Monatsende ging es nochmal unter 20.000 US-Dollar für den BTC. Insgesamt hat sich der Preis jedoch im Vergleich zum Monatsbeginn kaum bewegt. Doch im Oktober könnte sich dies ändern, wenn wir den Analysten glauben können. Bitcoin News: Analysten sehen Preisanstieg für Bitcoin in diesem MonatGenerell gibt es viele Analysten, die einen Anstieg des Preises projizieren. Konkret wird zum Beispiel auf Bitcoinist von einem Preis knapp unterhalb von 23.000 US-Dollar bis...

The market has much to digest. The Bank of England's new purchases of Gilts coincided with a reassessment of the trajectory of Fed policy. After the hawkish FOMC decision and forecasts, the market briefly thought the terminal rate could be 5.25-5.50% in the middle of next year. However, by the end of last week, it had returned to around 4.5% at the end of Q1 23. Italy has a right-wing government, and what it means for the country's debt and relationship with the EU...