SNB & CHF

Martin Nydegger, left, is the new head of Switzerland Tourism. (Keystone) - Click to enlarge New head of Switzerland Tourism Martin Nydegger expects hotel bookings to rise by 4% this winter season, owing to abundant snow. In an interview with Sonntagszeiting and Le Matin Dimanche newspapers, he also talks about priorities for 2018. Nydegger took over on January 1 from Jürg Schmid, who had headed the...

– Gold gains 0.6% in USD and surges 1.7% in euros and pounds – European stocks fall more than 3% at the open after sharp falls in Asia – DJIA falls 1,175 points, S&P 500 down 4.1% and Nikkei plummets 4.7%– Gold rises from $1,330 to $1,342, £942 to £960 and €1,067 to €1,085 /oz– Bitcoin crashes another 10% and has now plummeted by 70% to below $6,000 – Increased risk aversion will drive safe haven demand for gold as...

Ignoring or downplaying these fundamental forces has greatly increased the fragility of the status quo. The term dead cat bounce is market lingo for a “recovery” after markets decline due to fundamental reversals. Markets tend to bounce back after sharp declines as participants (human and digital) who have been trained to “buy the dips” once again buy the decline, and the financial media rushes to reassure everyone...

When to Sell? The common thread running through the collective minds of present U.S. stock market investors goes something like this: A great crash is coming.  But first there will be an epic run-up climaxing with a massive parabolic blow off top.  Hence, to capitalize on the final blow off, investors must let their stock market holdings ride until the precise moment the market peaks – and not a moment more.  That’s...

Mark believes that fundamentals do not justify the massive gains in US stocks in recent years (rise of over 300% in the S&P 500 since 2009). Does the U.S. have a perfect 'Goldilocks economy' or a vulnerable 'Food stamp economy'? Are we in a ultra low interest rate, liquidity driven "everything bubble"? Is margin debt one of the factors driving speculation in stocks and a stock market bubble? Is there 'irrational exuberance' and overly bullish sentiment as seen in the...

Favoritisme délibéré ou perte de contrôle ? La politique d’investissement chaotique de la Banque nationale suisse « Je peux vous assurer que nos spécialistes en investissement connaissent parfaitement leur métier » (Fritz Zurbrügg)  « La BNS n’a aucun spécialiste qui peut dire ‘il faut prendre le titre A plutôt que le titre B’ » (Jean-Pierre Danthine)  « Nous décidons de nos placements avec le concours d’un...

Swiss Franc The Euro has risen by 0.19% to 1.1622 CHF. EUR/CHF and USD/CHF, February 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Asian equity markets were weighed down by losses in the US markets ahead of the weekend. The MSCI Asia Pacific Index was off 1.4% after the 1.0% pre-weekend loss. The Nikkei gapped lower and shed 2.5% and has fallen in eight of the past...

– Shrinkflation continues to take hold across UK, Ireland and US for sixth year running– Shrinkflation sees consumers gets less product, but at the same or increased price– 2,500 products have shrunk according to Office of National Statistics in UK– Reported inflation is between 1.7% and 3% but actually much higher– Shrinkflation is financial fraud, unreported inflation in stealth mode– Gold is hedging inflation and...

There is a place, in the Graubünden mountains, which remained top secret until 1994... Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. --- 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...

The last time the U.S. Congress pushed back against the Imperial Presidency and the over-reach of the nation’s Security Agencies was 43 years ago, in 1975. The last time the U.S. Congress pushed back against the Imperial Presidency and the over-reach of the nation’s Security Agencies was 43 years ago, in 1975. In response to the criminal over-reach of the Imperial Presidency (Watergate) and to the criminal over-reach of...