by Investec Switzerland. If there’s one country with reason to resent the rise of populist movements, it’s Switzerland. Twenty-two months after it abandoned its 1.20-per-euro exchange-rate cap, the Swiss National Bank still finds the franc in focus every time there’s a major event that threatens to upset markets. Donald Trump’s ascendancy to the White House pushed the currency to the strongest level since the wake of June’s Brexit vote, and options prices suggest more gains are likely. Respublica Trust Director Phillip Blond discusses with Guy Johnson and Caroline Hyde on “Bloomberg Markets: European Open.” (Bloomberg) Phillip Blond is an English political philosopher and director of the ResPublica think tank. Facebook and Twitter.
Topics:
Investec considers the following as important: Business & Economy, Editor's Choice, Investec Switzerland
This could be interesting, too:
Investec writes The global brands artificially inflating their prices on Swiss versions of their websites
Investec writes Swiss car insurance premiums going up in 2025
Investec writes The Swiss houses that must be demolished
Investec writes Swiss rent cuts possible following fall in reference rate
If there’s one country with reason to resent the rise of populist movements, it’s Switzerland. Twenty-two months after it abandoned its 1.20-per-euro exchange-rate cap, the Swiss National Bank still finds the franc in focus every time there’s a major event that threatens to upset markets. Donald Trump’s ascendancy to the White House pushed the currency to the strongest level since the wake of June’s Brexit vote, and options prices suggest more gains are likely. Respublica Trust Director Phillip Blond discusses with Guy Johnson and Caroline Hyde on “Bloomberg Markets: European Open.”
Phillip Blond is an English political philosopher and director of the ResPublica think tank.