SNB & CHF

The culprit was a head of strategy at Roche, which is headquartered in Switzerland at the Roche tower in Basel. The US Securities and Exchange Commission (SEC) has fined Lorenz Erne, a former senior executive at Swiss pharmaceutical firm Roche, for insider trading and ordered him to pay back the ill-gotten profits. Erne accepted the accusations and agreed to the terms of a settlement with the SEC, according to an SEC documentexternal link published on Thursday....

The rules of interpretation that apply to the payroll reports also apply to other data series like retail sales. The monthly changes tend to be noisy. Even during the best of times there might be a month way off trend. On the other end, during the worst of times there will be the stray good month. What matters is the balance continuing in each direction – more of the good vs. more of the bad. Or when what seems to be a good month is less good than it used to be....

LANGUAGE ADVISORY - if you are an ObLEFTivist, I'm going to swear at and insult you. Gratuitously. ENJOY!!! Support this channel: https://www.patreon.com/MrCropper ADVChina's video: https://www.youtube.com/watch?v=aW9YL81oICo&t=5s

LANGUAGE ADVISORY - if you are an ObLEFTivist, I'm going to swear at and insult you. Gratuitously. ENJOY!!! Support this channel: https://www.patreon.com/MrCropper ADVChina's video: https://www.youtube.com/watch?v=aW9YL81oICo&t=5s

Swiss Franc The Euro has fallen by 0.01% to 1.0841 EUR/CHF and USD/CHF, August 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are ending the tumultuous week calmly, but it is far from clear that is will hold long. Next week’s flash PMIs have potential to disappoint, and there is risk of new escalation in the US-China trade conflict as the PRC threatens to take action to...

As central banks try (yet again) to bolster faltering growth and inflation, it is important to grasp how the ‘style’ and aims of monetary policy-making have changed over time and how they need to evolve in the future. The world is being disrupted by structural trends such as populism, demographic and climate change and technological innovation. Likewise, with previous approaches producing fewer results, we believe it is time to envisage monetary policies that address...

In a recent comparison of taxi fares across Europe, Geneva and Zurich were the most expensive. © Corepics Vof | Dreamstime.com In the study, which focused on the total cost of a taxi journey from the airport to the centre of town, Geneva (€36 – CHF40) and Zurich (€63 – CHF70) fared better than Milan (€105) and London (€104), which had the highest total journey costs. However, this is only because Zurich and Geneva airports are close to the city centre. The...

Revised estimates from the Federal Reserve are beginning to suggest another area for concern in the US economy. There hadn’t really been all that much supply side capex activity taking place to begin with. Despite the idea of an economic boom in 2017, businesses across the whole economy just hadn’t been building like there was one nor in anticipation of one. The only place where there was a truly robust trend was the oil patch. Since the last crash a few years ago,...

Here's an excellent analysis for any history enthusiast on the comparison between the Roman empire in decline and the American empire.

Here's an excellent analysis for any history enthusiast on the comparison between the Roman empire in decline and the American empire.