SNB & CHF

Even as speculative unwinds look largely done, rising geopolitical tensions in the Middle East and Russia should be watched as it could bolster safe haven demand for CHF and JPY, DBS FX & Credit Strategist Chang Wei Liang notes. SNB introduces a floor for EUR/CHF “Egypt’s aviation ministry instructed all airlines to avoid Iran airspace due to military drills, while Ukraine staged a surprise military incursion into Russia. We are cautious...

Overview:  Yesterday's poor 10-year note US Treasury auction helped turn the equity market lower and this carried over into Asia Pacific and European activity today. Today, Treasury completes its quarterly refunding with the sale of $25 bln 30-year bonds. The general tone in the foreign exchange market is one of consolidation. Japanese investors were buyers of foreign stocks on bonds last week, according to the latest portfolio flow report, which is not what one...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

So, you need a financial advisor, but do you truly understand the full extent of the benefits? Consider these Magnificent Seven Concepts: Concept One: Financial Advisors are NOT Portfolio Managers. Most consumers believe that financial advisors are primarily investment selectors and asset managers. While these duties are valid, they are not at the top of an advisor’s list or priorities. Many financial advisors outsource these duties to third-party experts...

Members of the Swiss Young Socialists party (JUSO) handing in the signatures for their initiative in Bern, February 8, 2024. Keystone Listen to the article Listening the article...

Cryptocurrencies are increasingly being integrated into traditional finance, driven by both retail and institutional interest. Financial institutions are embracing tokenization and institutional investors are increasingly entering the cryptocurrency market. Bitcoin, in particular, is emerging as a valuable diversification tool in wealth management, highlighted for its low correlation with traditional asset classes and its strong growth performance, a new report by...

Mexico is an ideal location both geographically and economically. New registrations from Swiss companies are currently the order of the day. Credit: Matt Gush / Alamy Stock Photo Listen to the article Listening the article...

In his 50 years in the USA, St. Gallen psychologist and consultant Herman Gyr has never lost faith in human ingenuity, the ability to learn and adapt to even the most adverse circumstances. This is despite the fact that climate change is his biggest concern. In this exclusive interview with SWI swissinfo.ch, Gyr shared his insight into what he thinks are the key influences that drive innovation in Silicon Valley. Search for 'The Swiss Connection' wherever you get your podcast!...

Today is the fiftieth anniversary of the resignation of President Richard Nixon, who later was pardoned of all Watergate crimes by President Gerald Ford. The Watergate break-in occurred at the Democratic National Committee headquarters office in June 1972 at the Watergate building in Washington, DC, during a presidential election year. The Nixon Administration exerted great effort to conceal its involvement in the break-in. The United States Department of Justice and...

USD/CHF loses traction around 0.8590 in Thursday’s early European session, down 0.30% on the day.  The US Fed is expected to cut rates more aggressively beginning in September. Strong safe-haven demand benefits the Swiss Franc against the Greenback.  The USD/CHF pair drifts lower to near 0.8590 during the early European session on Thursday. The Swiss Franc (CHF) gains traction from the unwinding of carry trades and escalating geopolitical...