SNB & CHF

08/30/17 Brown Brothers Harriman's Marc Chandler weighs in on expectations for the Federal Reserve in 2017. Chandler considers the divergent outlook for the ECB vs the FOMC and the implications for the EUR/USD.

M Cedric Tille, professeur d’Economie (Cédric tille bns)  vient de publier une étude fort intéressante qui gagne à être découverte. Elle cartographie la position économique de la Suisse par rapport au reste du monde. Il démontre à quel point la structure qui compose le moteur économique, financier et monétaire de la Suisse dans ses relations avec l’étranger avait changé en dix ans. Grâce à lui, nous voyons que la BNS se...

Swiss Franc The Euro has fallen by 0.09% to 1.1427 CHF. EUR/CHF and USD/CHF, August 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar recovery that began in North American yesterday continued to in Asia and Europe. The geopolitical anxiety sparked by North Korea’s missile over Japan subsided. The US response was seen as measured and tempered. North Korea...

The economic reports released since the last update were slightly more upbeat than the previous period. The economic surprises have largely been on the positive side but there were some major disappointments as well. The economy has been doing this for several years now, one part of the economy waxing while another wanes and the overall trajectory not much changed. Indeed, the broad Chicago Fed National Activity index...

The consensus narrative from the Jackson Hole Symposium was the Yellen and Draghi used their speeches to argue against dismantling financial regulation and the drift toward protectionism. Many cast this as a push against US President Trump, but this may be too narrow understanding. Many investors were looking for policy clues, but these were not forthcoming. The December Fed funds futures contract was unchanged,...

In August 2017, the KOF Economic Barometer fell by 3.9 points. It thus more than reversed its previous month’s climb. With a new reading of 104.1, however, it still points to a level clearly above its long-term average. This indicates that in the near future the Swiss economy should continue to grow at above average rates. In August 2017, the KOF Economic Barometer fell from 108.0 in July (revised up from 106.8) by...

The Swiss consumption indicator by UBS shows improvements. The indicator is still distant from the highs in 2012. At the time stronger growth in Emerging Markets and the weaker franc helped the Swiss economy. Private consumption vs. UBS Consumption Indicator UBS consumption indicator printed 1.38 in June, pointing to subdued growth in Swiss private consumption in recent months. Relatively weak growth in...

Swiss Franc The Euro has fallen by 0.57% to 1.1374 CHF. EUR/CHF and USD/CHF, August 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates A brief period of quiet, which some may have confused with a change in posture, North Korea followed up the weekend’s test of three ballistic missiles with what appears to have been an intermediate missile that flew over Japan. South Korea...

Neuchâtel, 24.08.2017 (FSO) – There were 597,000 enterprises in Switzerland in 2015, i.e. an increase of 3578 entities (+0.6%) in one year. The number of jobs, measured in full-time equivalents, also saw similar growth (+0.5%). These changes were mainly due to the dynamism of very small and very large units in the tertiary sector, according to the latest findings of the structural business statistics (STATENT) from the...

- Click to enlarge By Chris at www.CapitalistExploits.at If you were rich, successful, and intelligent – which often, not always, go hand in hand together – where would you live? The last time I was in the Rockies, I remember thinking to myself. You know what, if it weren’t for the fact it’s so damn far from the beach I could actually live here. It’s really quite lovely....