Tag Archives: EU

Overview: After a couple of sessions of taking on more risk, investors are taking a break today.  Equities are mostly lower today after the S&P 500's six-day advance took it almost to its record high, while the NASDAQ's streak was halted at five sessions.  The Nikkei's nearly 1.8% slide paced the Asia-Pacific session, where most bourses retreated.  Europe's Dow Jones Stoxx 600 is off about 0.15% near midday after rising approximately 0.65% over the past two...

Throughout the next weeks, we will regularly feature the keynote speeches held by our distinguished experts at this year’s digital Free Market Road Show.  The times we are living in – the pandemic – are times when our fundamental values are threatened maybe more than ever in modern times. More than ever in modern times because we are living not in a time of containment, with an Iron Curtain, or a Bamboo Curtain, dividing the world in two as in the Cold...

How (Not) to Win Friends and Influence People Overview: There are two big themes in the capital markets today. The first is the ongoing push of the Chinese state into what was the private sector. Today’s actions involve breaking Ant’s lending arms into separate entities, with the state taking a stake. This weighed on Chinese shares and Hong Kong, where many are lists. On the other hand, Japanese markets extended their recent gains. The Nikkei, for example, is has...

Swiss Franc The Euro has risen by 0.08% to 1.0837 EUR/CHF and USD/CHF, July 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Strong inflation prints this week have not prevented the long-term US interest rates from tumbling. The 10-year yield is about 10 bp lower than where it closed on Tuesday after the lackluster 30-year auction. The 30-year yield itself is 11 bp lower. Fed Chair Powell did not break new...

Swiss Franc The Euro has risen by 0.14% to 1.0946 EUR/CHF and USD/CHF, July 02(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US jobs report and OPEC+ decision are awaited. The dollar remains bid. Only the yen and Canadian dollar are showing a hint of resilience, though, on the week, the Scandis and dollar-bloc currencies are off between around 1-2%. The greenback is also firmer against the emerging...

[unable to retrieve full-text content]New record highs in the S&P 500 and NASDAQ yesterday helped lift most Asia Pacific markets today. China and Hong Kong led the regional gains and were sufficient to lift the MSCI regional benchmark to halt a two-week drop.

Swiss Franc The Euro has risen by 0.27% to 1.0999 EUR/CHF and USD/CHF, May 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A setback in commodities and technology are roiling equity markets today. The inability of US equities to sustain yesterday’s rally provided an initial headwind to trading in the Asia Pacific region today. Hong Kong and South Korea markets were closed for holidays, but most of the...

Bilateraler Weg mit der EU: auch für die Banken wichtig Die Beziehungen zwischen der Schweiz und der Europäischen Union (EU) stehen vor einem entscheidenden Punkt. Gelingt es, den bilateralen Weg weiterzuentwickeln, oder drohen nicht zu unterschätzende Rückschritte? Die Wirtschaft hat über das Wochenende Lösungen beim Rahmenvertrag gefordert. Auch die Schweizerische Bankiervereinigung (SBVg) setzt sich weiterhin für ein gutes Rahmenabkommen ein. Scheitern und Sistieren sind keine...

As Covid-19 continues to rage throughout Europe, China and Russia seem to be giving the European Union lessons in soft power on its home ground. EU members and countries nearby are turning to Beijing and Moscow for additional supplies of Covid-19 vaccines, faced with rising discontent at the slow rollout of the EU’s own vaccination strategy, supply shortages, delivery bottlenecks, poor communication and concerns about vaccine safety. China’s vaccine deliveries...

Swiss Franc The Euro has fallen by 0.07% to 1.1064 EUR/CHF and USD/CHF, March 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The large block trade (~$20 bln) before the weekend, apparently from a family office, continued to have ripple effects today, but the MSCI Asia Pacific Index barely noticed. It extended its pre-weekend rally of 1.3%, and only South Korea and Australia fell among the major markets....