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SNB & CHF

Charles Hugh Smith – People Are Now Aware Of What Will Happen

Recently, people are more aware of what can happen. This awareness raises in economic conditions and political realities make people think. Every new choice is a new beginning for people. SUBSCRIBE For The Latest Issues About ; #useconomy2020 #economynews #useconomy #coronaviruseconomy #marketeconomy #worldeconomy #reopeneconomy #openeconomy #economynews #reopeningeconomy #globaleconomy #silverprice #stockmarket #recession #goldpricetoday #goldprice #goldpriceprediction #preciousmetals...

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Covid, November 19: Swiss ICU numbers reach new peak as infection rate moderates

Deaths because of and with Covid19 Over the last 48 hours, Switzerland’s Federal Office of Public Health (FOPH) reported a further 227 deaths among laboratory-confirmed Covid-19 cases, bringing the death toll to 1,654 since summer and 3,385 since the beginning of the year. Total Covid-19 deaths in Switzerland since the beginning of the pandemic have now reached 3,696 of which 3,385 were laboratory confirmed infections. Hospitalisations The are currently 543 Covid-19...

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FX Daily, November 18: Balancing Pandemic Surge with Optimism about Vaccine

Swiss Franc The Euro has fallen by 0.01% to 1.0806 EUR/CHF and USD/CHF, November 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: News that Tokyo will go to its highest alert as it faces a rising contagion snapped a 12-day rally in the Nikkei, but most bourses in the Asia Pacific region excluding Japan advanced, though Chinese equities were mixed. European equities are narrowly mixed as the Dow Jones Stoxx 600...

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Why big companies fear the Responsible Business Initiative

Few companies know where all of their products originate let alone the conditions for people producing or extracting them. Keystone / Nyein Chan Naing Big multinationals in Switzerland have been nearly unanimous in their rejection of an initiative to make companies more accountable for their actions abroad. What are they afraid of? In a letter released a couple weeks ago, several board members of major Swiss multinationals urged the Swiss to vote against the...

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Talk of “Unity” Is Both Hypocritical and Delusional

Grand invocations that “I will unify us” are actually shorthand for “We mean to get our way, regardless of others’ well-being and desire.” Original Article: “Talk of “Unity” Is Both Hypocritical and Delusional“. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. You Might Also Like What Germany Must Do for a Speedy Recovery On June 29, the German parliament...

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Dollar Soft as Markets Start the Week in Risk-On Mode

The odds of national-level action in the US against the second wave virus outbreak remains small, even after Biden takes over; the dollar continues to soften There is growing speculation about former Fed Chair Yellen becoming Biden’s Treasury Secretary; Fed manufacturing surveys for November will start to roll out; Peru’s interim President Merino resigned under pressure from more demonstrations Several UK MPs and Prime Minister Johnson were forced to isolate due to a...

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CSX Review 2020 – Digital Bank account by Credit Suisse

(Disclosure: Some of the links below may be affiliate links) CSX is a new digital bank account by Credit Suisse. They have just started this new offer in 2020. And this account is much cheaper than the standard Credit Suisse accounts. The CSX bank account can even be free if used correctly. Interestingly, even large Swiss banks are jumping on the digital bank account wagon. This is a good trend if that allows people to pay lower fees for their bank accounts. In this...

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Roadblocks and Opportunities for International Trade in 2021

We see significant upside risk for global trade coming from “top down” forces (such as politics), but at the same time we expect the undercurrent reconfiguring many of the existing relationships to intensify. The “Peak Globalization” narrative (at least regarding trade) is being challenged by hopes of a revival of multilateral cooperation under Biden and the latest Asian trade agreement. But this doesn’t change our long-term view that the US and China are in an...

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Prepare for Winter: Charles Hugh Smith

https://rebrand.ly/rawealthpartners5 Sign up Now Prepare for Winter: Charles Hugh Smith , Keyword Realism must precede optimism or the optimism will collapse as the tsunami of reality comes ashore. It's time to prepare materially and psychologically for a winter unlike any other in our lifetimes. Here's the view from 30,000 feet: 1. The stock market and the general zeitgeist of optimism have soared based on expectations that the real-world economy and efforts to suppress Covid would also...

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FX Daily, November 17: Greenback Remains Under Pressure

Swiss Franc The Euro has fallen by 0.15% to 1.0802 EUR/CHF and USD/CHF, November 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Moderna’s announcement did not spur nearly the magnitude of the disruption caused by Pfizer’s similar announcement a week ago. Still, in the US, the NASDAQ underperformed the other indices, and the US Dow Industrials saw record highs. US yields were firm, and the 10-yield rose...

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