SNB & CHF

Swiss Franc The Euro has risen by 0.21% to 1.0773 EUR/CHF and USD/CHF, December 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The odds of a UK-EU agreement and new stimulus before year-end in the US have faded and are sapping risk appetites ahead of the weekend. Although most Asia Pacific equity markets gained, China and Australia were notable exceptions, European shares are heavy, and the Dow Jones Stoxx...

As a child, John Geiser III was surrounded by Swiss people in his grandfather’s adopted city of New Orleans. After the Second World War had ended, John was a young adult when his father took him to Switzerland for the first time. We met John in June 2019, when he gave us a tour of New Orleans. Over the course of a hot and humid morning – mainly on foot – he energetically showed us the traces of Swissness dotted throughout this city famous for its music and mardi gras....

Although the WEF conference costs the taxpayer millions in security costs, it brings in far more in income for local businesses. © Keystone / Laurent Gillieron Swiss hotels, restaurants and shops are counting up the cost of the World Economic Forum’s (WEF) flagship event moving to Singapore next year. This year’s 50th annual meeting realised a net gain of around CHF80 million ($90 million) for the Swiss economy. This windfall will be sorely missed by small businesses...

Throughout the next weeks, we will regularly feature statistics showing some of the costs of the prevailing lockdown politics. This article is an introduction to this new series. All over Europe, life has come to a halt again. As a second wave of Coronavirus infections has arrived, social and economic life has largely once more, as was already the case in spring when COVID-19 first spread across the world. Spain, France, Belgium, the Czech Republic, Italy,...

(Disclosure: Some of the links below may be affiliate links) I have recently ordered a few more non-fiction books, and I have just finished The Simple Path To Wealth. This book was on my reading list for a very long time. The Simple Path To Wealth, by Jim L. Collins, is about investing simply to amass enough money to reach Financial Independence. The entire focus of the book is to keep investing as simple as possible. And it is something done quite well. In this...

[unable to retrieve full-text content]“Russia, Russia, Russia,” the current president used to sarcastically chastise opponents for wondering about 2016 election tinkering from Putin’s principality. Recent MAGA rallies featured “Covid, covid, covid,” with President Trump complaining that the press could think of nothing else.

Swiss Franc The Euro has risen by 0.13% to 1.0756 EUR/CHF and USD/CHF, December 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: US threats to break-up Facebook and the stalled stimulus talks spurred profit-taking in US shares yesterday and is dampening enthusiasm today. The MSCI Asia Pacific Index fell for the third time this week, and Europe’s Dow Jones Stoxx 600 is little changed. US shares are trading with...

Stimulus talks drag on; US November CPI will be today’s data highlight; US Treasury wraps up a big week of auctions today with $24 bln of 30-year bonds on offer The November budget statement will hold some interest; weekly jobless claims will be closely watched; Brazil left rates unchanged at 2.0% but made some important hawkish changes to its forward guidance; Peru is expected to keep rates steady at 0.5% Brexit negotiations have been extended again; two-day EU...

Jeff Snider is the Head of Global Research at Alhambra Investments, and here he explains how ridiculous the swap line system is. Swap lines don't work like how most people think they work.