SNB & CHF

After jumping 5.9% in March, exports stagnated in April, however, rising to a high level of 20 billion francs. Imports confirmed their vitality in previous months, up 3.5% to 16.8 billion francs (actual: + 2.2%). The trade balance closes with a surplus of 3.3 billion francs. Switzerland Trade Balance, April 2021(see more posts on Switzerland Trade Balance, ) Source: Investing.com - Click to enlarge [embedded content]...

Swiss Franc The Euro has risen by 0.20% to 1.0967 EUR/CHF and USD/CHF, May 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Dollar demand linked to the month-end gave the greenback a bit of a reprieve, helped by firmer bond yields. Some momentum players may have been forced out of the euro and yen when the $1.22 and JPY109 levels yielded. However, follow-through dollar buying has been limited, and it has...

So soll der digitale Impfnachweis in der CovPass-App bald aussehen. Ronald Fritz, Projektmanager von IBM, präsentierte die App am heutigen Donnerstagmorgen im Impfzentrum Babelsberg. / Foto: picture alliance/dpa/dpa-Zentralbild-Pool - Click to enlarge Für den geplanten digitalen Coronavirus-Impfnachweis läuft in dieser Woche ein Feldtest in ausgewählten Impfzentren an, beispielsweise im Impfzentrum Babelsberg in Brandenburg. Dieser Schritt soll nach Angaben des...

27.05.2021 – In the 1st quarter 2021, total employment (number of jobs) fell for the fourth time in a row compared with the same quarter a year earlier (–0.6%; –0.2% compared with previous quarter). In full-time equivalents, employment in the same period declined by 0.7%. There are, however, signs of improvement in the employment situation: The Swiss economy counted 4000 more vacancies than in the corresponding quarter of the previous year (+6.0%) and the employment...

If you wanted to design a system guaranteed to collapse in a putrid heap, you’d make moral hazard ubiquitous and you’d make the system 100% dependent on a hubris-soaked faux savior. For the past 22 years, every time the stock market whimpered, wheezed or whined, the Federal Reserve rushed to soothe the spoiled crybaby. There are two consequential results of the Fed as savior: 1. The Fed has perfected moral hazard: everyone from the money manager betting billions to...

Over the past couple of weeks, we’ve been seeing more and more mainstream headlines about inflation fears being on the rise, both in the US and in Europe. Central bankers on both sides of the Atlantic have been doing their best to assuage these concerns, promising that they have everything under control and that the situation will without a doubt normalize soon. Still, all these assurances have failed to convince the markets and many investors are starting to see...

Last weekend, I joined Richard Rosso, CFP and Danny Ratliff, CFP to discuss the outlook for the markets for the rest of this year and take questions from our attendees. We cover a lot of ground from: The financial markets now and what to expect.  Valuations Inflation outlook. The dollar. Why Government actions are destroying the foundation of capitalism. Plus some interesting questions on  Why you shouldn’t put real estate in a tax-deferred account. Better ways to...

Swiss Franc The Euro has fallen by 0.13% to 1.0953 EUR/CHF and USD/CHF, May 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Daily Overview: The decline in US rates and the doves at the ECB pushing back against the need to reduce bond purchases next month have seen European bond yields unwind most of this month’s gain. The inability of US shares to hold on to early gains yesterday did not deter the Asia Pacific and...

Taper Is Coming: Got Bonds? The solid economic recovery and easing of COVID restrictions lead us to believe a tapering of QE may not be far off. Further supporting our opinion, inflation has fully recovered to pre-pandemic levels, and employment is improving rapidly. On top of that are whispers from within the Fed questioning financial stability given extreme asset valuations driven to some degree by excessive QE. Most importantly, various Fed members are starting to...

Making Sense of Crypto & Coffee: Emil Kalinowski & Jeff Snider talk Money! We'll chat CBDC's, Central Bank Fallacy, Money creation, Crypto meltdowns and more! Crypto & Coffee #2 - "Basic Crypto Terms” News - Research - Prices - ICO's - www.CryptoAndCoffee.tv Bitcoin & Altcoin Investment Bootcamps: www.Cryptoandcoffee.camp Own 1 of only 3 Original Crypto & Coffee “I don’t Give a F’k” NFTs…...