SNB & CHF

Swiss Franc EUR/CHF - Euro Swiss Franc, November 30(see more posts on EUR/CHF, ). - Click to enlarge Rates for buying Swiss Francs dollars remain incredibly subdued post Brexit but there has been a general improvement over the last month. Rates for the moment appear to have found support over 1.24 for GBP CHF and this has largely come about following the Trump US presidential election victory. Despite a leaked...

Summary: The dot plots are not FOMC commitments or an aggregate view of the FOMC. They are a collection of individual economic forecasts based on the most likely scenario and their view of appropriate policy. The SEP is useful for understanding how Fed officials view the long-term economic parameters, which appears to explain the downward shift in the long-term equilibrium rate for Fed funds. Former Fed chief...

Summary: The dot plots are not FOMC commitments or an aggregate view of the FOMC. They are a collection of individual economic forecasts based on the most likely scenario and their view of appropriate policy. The SEP is useful for understanding how Fed officials view the long-term economic parameters, which appears to explain the downward shift in the long-term equilibrium rate for Fed funds. Former Fed chief...

  A Brutal Communist Dictator Shuffles Off This Mortal Coil The death of the brutal Cuban Communist dictator Fidel Castro closes the door, in some respect, on another disastrous page in US foreign policy history.  For all the denunciations and criticism of Castro from conservative elements and exiled Cubans, his despotic rule was the outcome of decades of American imperialism which began with President William...

Switzerland retains its number one spot in IMD‘s most recent 2016 World Talent Report. Unlike the other 60 nations in the study, which have seen their performance gyrate, a plot of Switzerland’s rank over the last ten years is a perfectly straight line. First ten years in a row. The study looks at three things: investment in people, ability to attract skilled foreigners, and readiness, a measure of the availability of...

Switzerland retains its number one spot in IMD‘s most recent 2016 World Talent Report. Unlike the other 60 nations in the study, which have seen their performance gyrate, a plot of Switzerland’s rank over the last ten years is a perfectly straight line. First ten years in a row. The study looks at three things: investment in people, ability to attract skilled foreigners, and readiness, a measure of the availability of...

Summary: US Q3 was revised higher mostly due to consumption. Business investment was a drag. Profits rose to snap a five-quarter slide. The US economy now is estimated to have expanded by 3.2% in Q3, up from the initial estimate of 2.9%, and is the fasted in since Q3 2014.  The average quarterly growth rate this year is 1.8% compared with 1.9% last year.  The Federal Reserve estimates trend growth or the...

Summary: US Q3 was revised higher mostly due to consumption. Business investment was a drag. Profits rose to snap a five-quarter slide. The US economy now is estimated to have expanded by 3.2% in Q3, up from the initial estimate of 2.9%, and is the fasted in since Q3 2014.  The average quarterly growth rate this year is 1.8% compared with 1.9% last year.  The Federal Reserve estimates trend growth or the...

Neuchâtel, 29.11.2016 (FSO) – In the 3rd quarter 2016, total employment (number of jobs) rose by 0.3% in comparison with the same quarter a year earlier (-0.1% compared with the previous quarter). In full-time equivalents, employment in the same period remained unchanged. The Swiss economy counted 4,000 more vacancies than in the corresponding quarter of the previous year (+8.1%). The other indicators also showed...

Neuchâtel, 29.11.2016 (FSO) – In the 3rd quarter 2016, total employment (number of jobs) rose by 0.3% in comparison with the same quarter a year earlier (-0.1% compared with the previous quarter). In full-time equivalents, employment in the same period remained unchanged. The Swiss economy counted 4,000 more vacancies than in the corresponding quarter of the previous year (+8.1%). The other indicators also showed...