Tag Archives: 1) SNB and CHF

Bilderberg, Gerzensee und „Franken-Rütli“ – das sind alles Geschwister im Geiste: undurchschaubar, informell, nicht greifbar, gegen aussen, eine Versammlung der Macht, mit dem Vorspuren von Entscheiden grösster wirtschaftlicher und politischer Tragweite. Das Volk bleibt aussen vor. Es wird aber am Schluss allfällige Konsequenzen tragen müssen. Solche geheimen Konferenzen passen nicht in eine moderne Demokratie. Schon...

The pound to Swiss Franc exchange rate has been on steady decline since May when it peaked at 1.3397. Since then, it has fallen to 1.2245 as Brexit uncertainties continue to weigh on sterling, with the market feeling the prospect of a no-deal Brexit has increased. The franc has also risen in value owing to its status as a safe haven currency, and the continued fears over the global economy. Swiss Franc enjoying the...

Les faits et leurs conséquences potentielles que décrit l’économiste vaudois dans son livre, paru il y a bientôt deux ans, n’ont à ce jour fait l’objet d’aucun démenti, ni d’aucune contestation. (Photo Blaise Kormann) Le calme avant la tempête. Par Christian Rappaz (Editorial) Depuis une année, il ne se passe pas un jour sans que Donald Trump critique violemment la politique monétaire de la banque centrale américaine,...

Die Kreditvergabepolitik der Banken im Segment der Wohnrenditeliegenschaften in der Schweiz wird von der SNB als besonders risikobehaftet beurteilt. (Bild: Denis Linine/Shutterstock.com) Die grössten Risiken für die Finanzstabilität gehen für die inlandorientierten Banken unverändert vom Hypothekar- und Immobilienmarkt aus, warnt die Schweizerische Nationalbank (SNB) im diesjährigen Bericht zur Finanzstabilität vom 13....

The Swiss banking industry continues to turn in a profit despite low interest rates. Swiss commercial banks achieved higher profits last year, mortgage loans tipped the CHF1 trillion ($1.02 trillion) mark and costs were saved by reducing headcounts. These are the findings of an annual report from the Swiss National bank (SNB). The SNBexternal link’s “Banks in Switzerlandexternal link” annual report shows combined Swiss...

The Swiss National Bank has today published its report Banks in Switzerland 2018 and the corresponding data for its annual banking statistics.1 The most significant events are summarised below. Overview As at the end of 2018, there were 248 banks in Switzerland. Of this number, 216 reported a profit with an aggregated total of CHF 12.8 billion. Losses amounting to CHF 1.3 billion were recorded by 32 banks. The...

The Swiss central bank produces paper money for general use, but will only contemplate digital currencies for specific industry use cases. The Swiss stock exchange wants the country’s central bank to issue a form of cryptocurrency to settle payments on its new digital securities trading platform. If the Swiss National Bank (SNB) agrees, it would represent a departure from its cautious policy on digital currencies. Stock...

With the ECB and the Fed both signalling their readiness to provide further stimulus, the Swiss National Bank is unlikely to have smooth sailing over the coming months. How the Swiss National Bank (SNB) reacts to further stimulus by its US and European counterparts will be the key focus of the coming months for investors. We believe that the Swiss central bank will be reluctant to cut rates in direct response to the...

. Tory leadership debate does little to help the pound Sterling has remained under a lot of pressure against a number of currencies including vs the Swiss franc. The Tory leadership race is now down to 5 candidates after former Brexit secretary Dominic Raab only managed to get 30 votes. This was short of the required 33 to progress to the next round. Last night we had the live television debate involving the last five...

Wie schon beim Libor teilt die Nationalbank mit dem Leitzins mit, wo sie die Kurzfristzinssätze haben will: SNB-Präsident Thomas Jordan. Foto: Anthony Anex (Keystone) Die Schweizerische Nationalbank (SNB) führt neu einen Leitzins ein. Hatte sie denn bis jetzt gar keinen? Doch, hatte sie, aber der hiess anders. Nutzen wir doch die Gelegenheit, um zu klären, was eigentlich ein Leitzins ist. Und was sich nun geändert hat....