Tag Archives: 1) SNB and CHF

Sterling slides against the Swiss Franc as Brexit and the global economic outlook weigh on the Pound The pound to Swiss franc exchange rate has fallen lower below 1.20 for the GBP vs CHF pair with interbank rates currently sitting at 1.189. The slide in the pound against the Swiss franc has presented those looking to sell Swiss francs with an opportunity to convert when compared to recent months. Brexit is one factor...

The increasing volatility of SNB Earnings Annual results are not really definite. Given that the SNB accumulates foreign currencies with interventions, they have huge swings. But the SNB may lose 50 billion in one year and win 60 billion in the next year or vice verse. Good years of the Credit Cycle This trend was stopped in 2016, even without the need for a cap on the franc. But one should consider that we are in the...

Yesterday, the Swiss franc reached its highest level against the euro in two years. The EUR/CHF exchange rate reached 1.097 on 24 July 2019, a rate not seen since early 2017. Source: Valeriya Potapova - Click to enlarge Upward pressure on the franc is partly being driven by expectations of interest rate cuts by eurozone and US central banks. In addition, the franc is considered a safe haven currency and...

Je vous ai parlé de long en large de la BNS : ici : https://www.crottaz-finance.ch/blog/tag/bns/ De son bilan démesuré supérieur au PIB suisse De ne pas avoir vendu les euros achetés quand elle le pouvait D’avoir dû abandonner le taux plancher de 1.2 CHF pour 1 EUR sous la pression du marché (je l’avais prévu, mais la BNS a quand même tenu 3 ans et demi) Qu’avec les taux négatifs, les caisses de pensions (donc les...

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...