SNB & CHF

[unable to retrieve full-text content]We all want freedom for ourselves, but many people have doubts about the way others might use their own freedom. Under these conditions, the state is there to help. Get enough people to favor enough restriction, and the state is good to go, administering every aspect of life from its smallest to its largest detail.

© Ballok Beata | Dreamstime.com A recent study by Swiss National COVID-19 Science Task Force calculates that vaccination delays are reducing Switzerland’s national output (GDP) by between CHF 50 – 100 million per day, according to RTS. Marius Brülhart, an economics professor, told the broadcaster that vaccinating as fast as possible is important not only from a health stand point but also from an economic one. Some nations have already managed to vaccinate a...

There is a mainstream explanation for why US Treasury Bill rates are falling. There is also a Eurodollar / Shadow Money / Collateral System explanation. Jeff Snider reviews the two perspectives and looks ahead to where trouble may lay. ----------WHERE---------- Vurbl: https://bit.ly/3rq4dPn Apple: https://apple.co/3czMcWN Deezer: https://bit.ly/3ndoVPE iHeart: https://ihr.fm/31jq7cI TuneIn: http://tun.in/pjT2Z Castro: https://bit.ly/30DMYza Google: https://bit.ly/3e2Z48M Spotify:...

Swiss Franc The Euro has risen by 0.04% to 1.0821 EUR/CHF and USD/CHF, February 5(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: While equities continue to march higher, the dollar is softer amid position squaring ahead of the US jobs data. Gold has stabilized after yesterday’s shellacking. Estimates for US nonfarm payrolls appear to have been creeping higher, encouraged by the ADP, PMI, and weekly initial...

Senate Democrats are setting the table for passage of President Biden’s proposed $1.9 trln relief bill; there were glimmers of possible bipartisanship in some of the votes; US January jobs data is the highlight; Canada also reports January jobs data; Colombia reports January CPI German data is showing further signs of weakness; BOE delivered a less dovish than expected hold; Deputy Governor Ramsden said he envisions slowing the pace of QE later this year Japan...

Die Devisenreserven der Schweizerischen Nationalbank (SNB) sind im Januar um 3,90 Milliarden Franken gestiegen. Per Ende des Berichtsmonats lag der Wert bei 896,15 Milliarden Franken, nachdem es Ende Dezember noch 892,25 Milliarden Franken gewesen waren. Der Gesamtbestand der Reserven (exkl. Gold) erreichte Ende Januar 902,41 Milliarden nach 898,38 Milliarden Franken im Vormonat, wie die SNB am Freitag auf ihrer Internetseite mitteilte. Die Daten sind gemäss dem...

5. Februar 2021 – Zwei mögliche Kanzlerkandidaten wetteifern darum, wer am lautesten nach einer Planwirtschaft ruft, die das Impfchaos beseitigen soll. Die Grünen-Vorsitzende Annalena Baerbock forderte auf Twitter: „Der Staat muss jetzt die Unternehmen koordinieren und alle Impf-Kräfte bündeln – notfalls auch ordnungsrechtlich.“ CSU-Chef Markus Söder, so wie Baerbock ein möglicher Kanzlerkandidat, schlägt in die gleiche Kerbe: „Deshalb sollte es eine...