SNB & CHF

SMI Investors appear to be staying on the sidelines this week ahead of the weekend’s Italian referendum. Swiss stocks are set to finish the week lower, underperforming global equities as food giant Nestle and pharmaceutical heavyweights Roche and Novartis drag the index down. SMI Index, December 02 - Click to enlarge Economic Data It’s been a volatile trading week across financial markets. Oil prices jumped almost...

SMI Investors appear to be staying on the sidelines this week ahead of the weekend’s Italian referendum. Swiss stocks are set to finish the week lower, underperforming global equities as food giant Nestle and pharmaceutical heavyweights Roche and Novartis drag the index down. SMI Index, December 02 - Click to enlarge Economic Data It’s been a volatile trading week across financial markets. Oil prices jumped almost...

Each quarter, the SECO estimates the GDP and its components. The main purpose of these estimations is to provide data that allow for an assessment of the cyclical development of the main macroeconomic aggregats in a timely adequate and credible manner. Gross domestic product in the 3rd quarter of 2016 Bern, 02.12.2016 – Switzerland’s real gross domestic product (GDP) has remained almost unchanged in the 3rd quarter of...

from the official release Gross domestic product in the 3rd quarter of 2016 Bern, 02.12.2016 – Switzerland’s real gross domestic product (GDP) has remained almost unchanged in the 3rd quarter of 2016 (+0.0%). Consumption has contributed very little to growth. Investment in construction and equipment has supported GDP growth, while the trade balance in goods and services had a negative effect. On the production side,...

Dec.01 -- Marc Chandler, Brown Brothers Harriman head of currency strategy, discusses the Italian referendum and explains why he thinks the Austrian election may be more of a threat to markets. He speaks with Bloomberg's Joe Weisenthal on "What'd You Miss?"

Dec.01 -- Marc Chandler, Brown Brothers Harriman head of currency strategy, discusses the Italian referendum and explains why he thinks the Austrian election may be more of a threat to markets. He speaks with Bloomberg's Joe Weisenthal on "What'd You Miss?"

Marc Chandler - Click to enlarge I was on Bloomberg Television with Joe Wisenthal this afternoon. I explain what I have been suggesting for the past couple of weeks, namely that the Austrian presidential election this weekend is the third point in the populist-nationalist wave, not Italy. The changes in the Senate are opposed by a broad array of forces in Italy, including many very pro-European elements, like former...

Marc Chandler - Click to enlarge I was on Bloomberg Television with Joe Wisenthal this afternoon. I explain what I have been suggesting for the past couple of weeks, namely that the Austrian presidential election this weekend is the third point in the populist-nationalist wave, not Italy. The changes in the Senate are opposed by a broad array of forces in Italy, including many very pro-European elements, like former...

Swiss Franc EUR/CHF - Euro Swiss Franc, December 01(see more posts on EUR/CHF, ). - Click to enlarge Sterling has made steady gains against the CHF over the past month, in line with improvements made against other major currencies. The Pound has benefited from a strong run of economic data and more positive market sentiment. Whilst the UK economy remains fragile in the eyes of investors, there is no doubt...

Swiss Franc EUR/CHF - Euro Swiss Franc, December 01(see more posts on EUR/CHF, ). - Click to enlarge Sterling has made steady gains against the CHF over the past month, in line with improvements made against other major currencies. The Pound has benefited from a strong run of economic data and more positive market sentiment. Whilst the UK economy remains fragile in the eyes of investors, there is no doubt...