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SNB & CHF

FX Daily, January 24: Poor EMU PMI Compounds ECB’s Challenge

Swiss Franc The Euro has fallen by 0.14% at 1.1301 EUR/CHF and USD/CHF, January 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The eurozone’s preliminary composite PMI for January fell to its lowest level since July 2013. It reinforces expectations for a dovish Draghi press conference and saw the euro unwind yesterday’s gains. The US dollar is firmer against...

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Ice-skating robots showcase Swiss innovation

Ice-skating robots have proven a popular ambassador for Swiss innovation on the sidelines of the World Economic Forum. While companies and innovators are excited about their tremendous potential, the rise of robots is a source of anxiety for many who worry their jobs will disappear. --- 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,...

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Ice-skating robots showcase Swiss innovation

Ice-skating robots have proven a popular ambassador for Swiss innovation on the sidelines of the World Economic Forum. While companies and innovators are excited about their tremendous potential, the rise of robots is a source of anxiety for many who worry their jobs will disappear. --- 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,...

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Switzerland scores well on youth job market conditions but suffers from skills mismatch

A recent report places Switzerland second in a ranking of 33 european countries on conditions in the youth labour market in 2016 – youth are those between 15 and 24. ©-Tea-_-Dreamstime.com_ - Click to enlarge Switzerland’s overall score of 5.67 out of 7.00 is close to Denmark’s 5.72. Switzerland’s highest scores are for employment rate (6.01) and working conditions (5.77), with education (5.36) and smoothness of...

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Gentrified Urban America Will Be Hit Hard by the Recession

Combine sky-high commercial rents in homogenized, gentrified urban areas and sharp declines in the incomes of the limited populace who can afford gentrified urban areas and what do you get? A number of macro dynamics have set up gentrified urban America for a big fall in the coming recession. What does gentrified mean? Gentrified means only the gentry (top 10%) can afford to enjoy the urban amenities as commercial rents...

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The Awakening Is Now Going World Wide, The Movement Has Started:Charles Hugh Smith

Today's Guest: Charles Hugh Smith Website: Of Two Minds http://oftwominds.com Blog https://www.oftwominds.com/blog.html Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Music: YouTube Free Music Hey Sailor by Letter Box Fair Use Notice: This video contains some...

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FX Daily, January 23: Markets Walk Tightrope after Yesterday’s US Equity Drop

Swiss Franc The Euro has risen by 0.03% at 1.1327 EUR/CHF and USD/CHF, January 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equities have fared better than the 1.4% slide in the S&P 500 yesterday may have implied. Asian markets were mixed, with China, Korea, Hong Kong, Thailand advancing. The Dow Jones Stoxx 600 from Europe is a little changed...

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ECB Preview: Worries Increase but Not Quite Ready to Act

The ECB meets Thursday, and it may be best conceived as a transition meeting. It will lay the rhetorical groundwork for two things: a likely downgrade to the staff’s growth forecasts and moving toward a new round of long-term loans (targeted long-term refinance operations). Draghi’s speech last week to the European Parliament anticipated the themes he can be expected to develop in his press conference on Thursday. The...

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