SNB & CHF

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...

Perhaps the masses have (finally!) reached the point where the pain of maintaining the status quo now exceeds that of breaking it. A remarkably diverse array of “explanations” of Donald Trump’s presidential election victory have been aired, representing both the conventional political spectrum and well beyond. Let’s start with the conventional mainstream media “explanations”: #1: Trump was elected by intolerant...

Summary: UK could pay for single market access. UK’s position still seems fluid. The Supreme Court will hear the government’s appeal next week. Sterling has been lifted to its best since October 6 on the back of comments by UK’s Brexit Minister Davis.  In answer to questions in Parliament, Davis acknowledged that access to the EU single market might be secured by the UK paying for it. He talked about making a...

Many older Swiss still remember the Beromünster national transmitter from the golden days of radio. Those days are gone, but the iconic structure is experiencing a new lease of life. (SRF/swissinfo.ch) Of the two transmitters above Beromünster in canton Lucerne, only one remains today and is under cultural heritage protection. The 220 metre steel tower was built 80 years ago with a 60 kW AM transmitter, replacing local radio stations at Zurich, Basel and Bern. Radio signals stopped emitting...