SNB & CHF

A Credit Suisse study shows that living in the country is much cheaper than in a town or city. (SRF/swissinfo.ch) --- 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 swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel: http://www.youtube.com/swissinfovideos Subscribe:...

A huge technological campus is being built in Sion, canton Valais, to house more than a thousand specialists in the fields of energy, biotechnology and health. 'Energypolis' is billed as an important place of synergy between pure research, applied research and entrepreneurship. (RTS/swissinfo.ch) --- 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...

Swiss National Bank leaves expansionary monetary policy unchanged The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at–0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into...

Swiss Franc EUR/CHF - Euro Swiss Franc, March 16(see more posts on EUR/CHF, ) Source: Investing.com - Click to enlarge GBP/CHF Sterling vs the Swiss Franc has fallen again as the US Federal Reserve have raised interest rates last night. This has seen the Pound fall against most major currencies and the safe haven status of the Swiss Franc has once again helped to improve CHF/GBP rates We now also have the news...

Summary: Fed made mostly minor changes in the statement as it hiked the Fed funds rate for the third time in the cycle. The average and median dot for Fed funds crept slightly higher. There was only one dissent to the decision. The Federal Reserve delivered the much-anticipated rate hike. There was one dissent, the Minneapolis Fed President Kashkari. In the first paragraph of the FOMC statement tweaked the...

There is no change to the risk budget this month. For the moderate risk investor, the allocation between risk assets and bonds is unchanged at 50/50.  The Fed spent the last month forward guiding the market to the rate hike they implemented today. Interest rates, real and nominal, moved up in anticipation of a more aggressive Fed rate hiking cycle. Post meeting, a lot of the rise came out of the market. Nominal and...

There is no change to the risk budget this month. For the moderate risk investor, the allocation between risk assets and bonds is unchanged at 50/50.  The Fed spent the last month forward guiding the market to the rate hike they implemented today. Interest rates, real and nominal, moved up in anticipation of a more aggressive Fed rate hiking cycle. Post meeting, a lot of the rise came out of the market. Nominal and...

The best contenders in the EuroSkills vocational championships tend to come from Switzerland. Like Bruno Pravato, a building foreman from Fully who recently won the gold medal. Swiss Public Television visited a hotel in Bad Ragaz, Canton St. Gallen, where future star chefs learn their trade. (SRF/swissinfo.ch) --- 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...

A funny thing happened on the way to a low-risk environment: loans in default (non-performing loans) didn’t suddenly become performing loans. If we had to summarize what’s happened in eight years of “recovery,” we could start with this: everyone’s been pushed into risky assets while being told risk has been transformed from something to avoid (by buying risk-off assets) to something you chase to score essentially...

Swiss economist Bruno S Frey explains why charging migrants a fee for being taken in would promote their integration and benefit their homelands. (SRF/swissinfo.ch) --- 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 swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel:...