SNB & CHF

[caption id="attachment_439311" align="alignleft" width="400"] SNB chairman Thomas Jordan said the central bank will continue to defend the franc. (Keystone / Marcel Bieri)[/caption] The Swiss National Bank (SNB) has kept interest rates unchanged at -0.75% but is easing the burden on commercial banks. The SNB said on Thursday that it is also intervening on the foreign exchange markets to keep the franc from appreciating too far, too fast. The SNB’s...

Efforts are underway to provide additional medical devices and beds in intensive care units in Ticino. (Keystone/Alessandro Crinari) The Swiss health authorities have raised alarm over the limited care facilities in one of its regions hardest hit by the coronavirus epidemic. “The situation in Ticino is dramatic,” said Daniel Koch of the Federal Office of Public Health at a news conference on Thursday. He said it was foreseeable that the hospitals in canton Ticino,...

The grounding of the fleets of many airlines is symptomatic of the crisis.  (© Keystone / Christian Beutler) The global banking industry is demanding regulators relax or delay a raft of post-crisis rules on everything from capital and liquidity to accounting and climate change, which they argue are hampering their ability to respond to the coronavirus crisis. Executives have launched the globally co-ordinated push to convince supervisors including the Bank of...

Forward-looking data is starting to trickle in. Germany has been a main area of interest for us right from the beginning, and by beginning I mean Euro$ #4 rather than just COVID-19. What has happened to the German economy has ended up happening everywhere else, a true bellwether especially manufacturing and industry. The latest sentiment figures from ZEW as well as IFO are sobering. Taking the former first, it had been quite buoyant last year on the false...

An der Börse wirds heiss und die Panik verbreitet sich, Panikverkäufe sind mittlerweile an der Tagesordnung. Wir können bereits von einem Crash sprechen, ausgelöst vom Coronavirus. Es ist für viele so auch mich der erste Crash den wir aktiv investiert miterleben. Wir müssen diese Situation nutzen um möglichst viel zu lernen. Was ist mit den Investoren los? Wo sind die langfristigen Buy & Hold Investoren geblieben, auf einmal versucht sich jeder im Markettiming...

“You never want a serious crisis to go to waste. And what I mean by that, it’s an opportunity to do things you think you could not do before.” -Rahm Emanuel, Barack Obama’s Chief of Staff from 2009 to 2010. Only a couple of weeks ago, if anyone told you that your entire country would be basically shutting down, that events and public gatherings would be outlawed, that you’d be looking at empty shelves in your local supermarket and that the global stock market would...

For the full transcript go to: https://www.financialanalysis.tv #Financial News #Silver News #Gold #Bix Weir #RoadToRoota #Kyle Bass #Realist News #Greg Mannarino #Rob Kirby #Reluctant Preppers #The Next Newss #Maneco64 #Mike Maloney #Gold Silver #Eric Sprott #Jim Rickards #David Morgan #Peter Schiff #Max Keiser #Robert Kiyosaki #SilverDoctors #Jim Willie #Clif High #Ron Paul# Pastor Williams #Bill Holter #Bo Polny # economic collapse #dollar collapse 2020"

For the full transcript go to: https://www.financialanalysis.tv #Financial News #Silver News #Gold #Bix Weir #RoadToRoota #Kyle Bass #Realist News #Greg Mannarino #Rob Kirby #Reluctant Preppers #The Next Newss #Maneco64 #Mike Maloney #Gold Silver #Eric Sprott #Jim Rickards #David Morgan #Peter Schiff #Max Keiser #Robert Kiyosaki #SilverDoctors #Jim Willie #Clif High #Ron Paul# Pastor Williams #Bill Holter #Bo Polny # economic collapse #dollar collapse 2020"

Swiss Franc The Euro has fallen by 0.08% to 1.0531 EUR/CHF and USD/CHF, March 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Dramatic price action continues but in the other direction.  Stocks and bonds have rallied strongly, and the US dollar is snapping a strong advance with a sharp and broad setback. The immediate trigger is hard to identify. Some accounts linking it to fears that the California shutdown...

Swiss National Bank maintains expansionary monetary policy, raises negative interest exemption threshold, and is examining additional steps Coronavirus is posing exceptionally large challenges for Switzerland, both socially and economically. Uncertainty has risen considerably worldwide, and the outlook both for the global economy and for Switzerland has worsened markedly. The Swiss franc is even more highly valued, and the world’s financial markets are under strong...