SNB & CHF

Fewer tourists than usual on the Kappellbrücke, Lucerne. (Keystone / Alexandra Wey) The Swiss hotel industry could lose out on up to half a billion francs in 2020 due to the impact of Covid-19, the boss of the country’s tourism body has said. Martin Nydegger of Switzerland Tourism said on Monday that he expects the virus to account for some 2.1 million fewer overnight stays in Swiss hotels this year compared with 2019, amounting to financial losses of CHF532 million...

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"

According to the Financial Times’s February 20 article “Why Sweden Ditched Its Negative Rate Experiment,” economists are pondering whether Sweden’s central bank experiment with negative interest rate was a success. Sweden’s Riksbank, the world’s oldest central bank, introduced negative interest rates in early 2015. The reason given by central bank policymakers for the introduction of the negative interest was to counter deflation. Note that for the period November...

Unemployment Rate (not seasonally adjusted) Bern, March 9th, 2020 – Registered unemployment in February 2020 – According to surveys by the State Secretariat for Economic Affairs (SECO), 117,822 unemployed people were registered with the regional employment centers at the end of February 2020, 3,196 fewer than in the previous month. The unemployment rate fell from 2.6% in January 2020 to 2.5% in the reporting month. Unemployment decreased by 1,651 people (-1.4%)...

[In the second part of this interview, Brazilian journalist André de Godoy speaks with Antony Mueller about the relationship between credit and money, the inflationary process, and its relation to the real economy. How will the current debt binge end? What comes after Quantitative Easing?] André de Godoy: Ludwig von Mises mentions in his books that credit expansion is one of the causes of the inflation beyond the monetary expansion. What are the similarities and...

Swiss Franc The Euro has risen by 0.07% to 1.059 EUR/CHF and USD/CHF, March 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities plunged, and yields sank as the coronavirus threatens a global recession. The oil price war signaled by Saudi Arabia and Russia aggravates the desperate situation. Equities markets in the Asia Pacific region slumped 3-7%. The Shanghai Composite was fell 3%. The Nikkei was off by...

USD/CHF remains on the back foot despite recovering off-late. 61.8% of Fibonacci retracement will be on the sellers’ radars. Buyers are less likely to take the risk unless revisiting early-2020 levels. USD/CHF registers 1.36% loss to 0.9260 while heading into the European open on Monday. The pair earlier dropped below the longer-term support line, stretched from May 2015, but fails to stay beneath the same off-late. As a result, the bears will await a sustained fall...

Everyone with a pension fund or 401K invested in stocks better hope the Fed becomes the buyer of last resort, and soon. Much has been written about what the Federal Reserve cannot do: it can’t stop the Covid-19 pandemic or reverse the economic damage unleashed by the pandemic. But let’s not overlook what the Fed can do: create U.S. dollars out of thin air and use these dollars to buy assets either directly or through proxies. Let’s also not overlook how much the Fed...

Risk-off sentiment continues to build as the coronavirus spreads Fed easing expectations continue to intensify; February inflation readings for the US will be reported this week The ECB meets Thursday and markets are split; the stronger euro is doing the eurozone economy no favors The UK has a heavy data release schedule Wednesday; UK government also releases its budget that day Japan has a fairly heavy data week; the yen continues to benefit from risk-off sentiment...