SNB & CHF

Swiss Franc The Euro has fallen by 0.02% at 1.1328 EUR/CHF and USD/CHF, January 22(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is firmer against most major and emerging market currencies. The yen is a notable exception, and it is firmer, but well within recent ranges. The dollar-bloc currencies and the Norwegian krona are the weakest of the...

The rise of service sector jobs will continue to boost part-time positions. Part-time work in Switzerland continues to increase, with the latest figures from the Federal Statistical Office showing that over a third of employees work less than 90%. The figures, said the statistical office on Thursdayexternal link, show a marked increase in part-time work over the past 20 years: from 26.3% to 36.7%. This puts Switzerland...

The social media/search giants have mastered the dark arts of obfuscating how they’re reaping billions of dollars in profits from monetizing user data, and lobbying technologically naive politicos to leave their vast skimming operations untouched. I’ve been commenting on the cancerous disease that’s taken control of the Internet– what Shoshana Zuboff calls Surveillance Capitalism–for many years. Here is a selection of...

Crypto-friendly Swiss regulation and data security has enticed many people to keep their bitcoin in Swiss vaults. Bitcoin services provider Xapo is winding down activities at its Hong Kong base and transferring key operations to Switzerland. Xapo president Ted Rogers said the move has been driven by Switzerland’s friendlier regulatory environment. “It was once thought that Hong Kong was the holy grail of crypto...

Swiss Franc The Euro has risen by 0.12% at 1.1332 EUR/CHF and USD/CHF, January 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Mixed data from China and the anticipation of Prime Minister May’s “Plan B” are the main talking points, while US stock and bond markets are closed today. Asia Pacific equities were higher, while European markets have failed to follow...

Erik Fyrwald, CEO of Swiss-based Syngenta, sat down with swissinfo.ch to share his views on the future of food systems, the role of technology in sustainable agriculture, and whether CEOs should speak out more on issues such as climate change. --- 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, interviews and videos visit swissinfo.ch or...

Erik Fyrwald, CEO of Swiss-based Syngenta, sat down with swissinfo.ch to share his views on the future of food systems, the role of technology in sustainable agriculture, and whether CEOs should speak out more on issues such as climate change. --- 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, interviews and videos visit swissinfo.ch or...

“The sky is falling. The sky is falling,” they cried, as equities plunged in December.  It is signaling a recession, we were told. Instead, global equities have begun the year with a strong advance. The S&P 500 gapped higher ahead of the weekend, extending this year’s rally to about 14%. It has now retraced more than 50% of the decline, not from the December high but from the record high in late September. It has...

The ECB is comfortable with current market expectations for rate hikes. At its latest meeting in December, the ECB turned more cautious, lowering its growth forecasts but showing no sign of panic regarding the loss in euro area economic momentum. Risks were considered as “broadly balanced”, but moving to the downside. Since the December monetary policy meeting, data (PMI and national surveys, industrial production) have...