SNB & CHF

Jun.25 -- Marc Chandler, Bannockburn Global Forex chief market strategist, explains why he is bullish on gold. He speaks on "Bloomberg Markets: What'd You Miss?"

Jun.25 -- Marc Chandler, Bannockburn Global Forex chief market strategist, explains why he is bullish on gold. He speaks on "Bloomberg Markets: What'd You Miss?"

Swiss Franc The Euro has risen by 0.06% at 1.109 EUR/CHF and USD/CHF, June 26(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 fell nearly one percent yesterday, its steepest fall this month and this was a weight on Asia Pacific and European activity. Most markets have eased, though not as much as the US did. Hong Kong, India, and Singapore were...

Monetary Metals is one of the most interesting companies I've come across in a long time. The idea is to fix the long-standing objection to gold as a financial asset in that it "doesn't pay interest." I'm not ready to invest yet, but if they can consistently deliver on what they've started, it could be a game-changer--not just for their investors, but for the entire financial world. https://independentspeculator.com/

With the ECB and the Fed both signalling their readiness to provide further stimulus, the Swiss National Bank is unlikely to have smooth sailing over the coming months. How the Swiss National Bank (SNB) reacts to further stimulus by its US and European counterparts will be the key focus of the coming months for investors. We believe that the Swiss central bank will be reluctant to cut rates in direct response to the...

Monetary Metals is one of the most interesting companies I've come across in a long time. The idea is to fix the long-standing objection to gold as a financial asset in that it "doesn't pay interest." I'm not ready to invest yet, but if they can consistently deliver on what they've started, it could be a game-changer--not just for their investors, but for the entire financial world. https://independentspeculator.com/

Bar a further major escalation in trade tensions, it is hard to see much more upside for gold in the short term. We remain more upbeat over the medium term. The gold price soared to a fresh five-year high on 20 June following a dovish Fed monetary policy meeting. Indeed, the dovish shift among major central banks (with the sole exception of the Norges Bank) and high global uncertainty have pushed global yields lower...

There has been pressure to curb the earnings of top executives in Switzerland. The salaries of top managers at Swiss government-affiliated companies shrank last year due to smaller bonuses, according to a federal report published on Friday. Top state earner, Andreas Meyer, head of Swiss Federal Railways, saw his earnings fall below CHF1 million for the first time: down to CHF987,442 ($1 million) from CHF1,007,000 in...

I know some people who are always bullish gold. I am not. In fact, I often think I can find higher returning assets. However, I have recently have turned bullish gold, and while in Toronto on business, I was invited to the set of Bloomberg to discuss my change of heart. Many of the reasons the gold bugs cite would seem to justify owning gold bullion not paper claims on gold, like gold mining companies or gold ETFs. The...

Swiss Franc The Euro has risen by 0.10% at 1.1088 EUR/CHF and USD/CHF, June 25(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It is far from clear that the US sanctions against nine Iranian officials, with the foreign minister to be added later brings negotiations any closer. At the same time, US officials trying to keep expectations low for the weekend meeting...