SNB & CHF

  Maurice Jackson Speaks with Jayant Bhandari About Emerging Market Currencies, the Trade War, US Foreign Policy and More Maurice Jackson of Proven & Probable has recently conducted a new interview with our friend and occasional contributor to this site, Jayant Bhandari, who is inter alia the host of the annual Capitalism and Morality seminar. Maurice Jackson (left) and Jayant Bhandari (right) A wide range of...

The Swiss economy once again recorded dynamic growth in the 2nd quarter of 2018. GDP (+0.7%) expanded at an above-average rate for the fifth quarter in a row. This expansion was largely supported by manufacturing, which has been experiencing a remarkable upturn since spring of 2017. Exports of goods increased accordingly. Switzerland’s GDP grew by 0.7% in the 2nd quarter of 2018, after 1.0% (revised) in the previous...

Swiss Franc The Euro has fallen by 0.21% at 1.1276 EUR/CHF and USD/CHF, September 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro set a new high for the week in Asia earlier today near $1.1660. It subsequently was sold off to $1.1615 before rebounding. There is a 1.6 bln euro option struck at $1.16 that will be cut today. That it remains firm is impressive given...

Please note this is not sponsored content. Thank you Keith for speaking with me so extensively. Your insights are profound! Make sure to check the YouTube transcript for some great quotes. https://www.change.org/p/nevada-should-sell-gold-bonds https://monetary-metals.com/who-would-invest-in-a-gold-bond/ https://monetary-metals.com/nevada-gold-bond-petition/ Vote "If Nevada Democrats perceive this as a Republican bill, they will vote it down. Since they are in the majority, they...

Please note this is not sponsored content. Thank you Keith for speaking with me so extensively. Your insights are profound! Make sure to check the YouTube transcript for some great quotes. https://www.change.org/p/nevada-should-sell-gold-bonds https://monetary-metals.com/who-would-invest-in-a-gold-bond/ https://monetary-metals.com/nevada-gold-bond-petition/ Vote "If Nevada Democrats perceive this as a Republican bill, they will vote it down. Since they are in the majority, they will...

Swiss Franc The Euro has risen by 0.20% at 1.1305. EUR/CHF and USD/CHF, September 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dollar is posting gains against most of the emerging market and major currencies. The MSCI Emerging Markets Index is off 1.6% and extending the drop to a sixth consecutive session. Indonesia’s bourse saw the largest decline (~3.75%) in the...

Currencies don’t melt down randomly. This is only the first stage of a complete re-ordering of the global financial system. Take a look at the Shanghai Stock Market (China) and tell me what you see: Shanghai Stock Exchange Composite Index - Click to enlarge A complete meltdown, right? More specifically, a four-month battle to cling to the key technical support of the 200-week moving average (the red line). Once...

- Click to enlarge I had the privilege of being on the Bloomberg set with Tom Keene and Francine Lacqua earlier today. Lakshman Achuthan, co-founder of ECRI also joined us for the discussion. This 6.5 min video clip captures the essence of the discussion. The US dollar was rallying against all the major and most EM currencies. The second consecutive quarterly economic contraction in South Africa pushed the rand...

Neuchâtel, 4 September 2018 (FSO) – The consumer price index (CPI) remained stable in August 2018 compared with the previous month, remaining at 101.8 points (December 2015 = 100). Inflation was 1.2% compared with the same month of the previous year. These are the results from the Federal Statistical Office (FSO). The stability of the index compared with the previous month is the result of opposing trends that...

Sep.04 -- Marc Chandler, global head of currency strategy at Brown Brothers Harriman, and Lakshman Achuthan, co-founder of Ecri, discuss the outlook for emerging markets amid the Federal Reserve's tightening cycle. They talk with Tom Keene and Francine Lacqua on "Bloomberg Surveillance."