Tag Archives: Featured

Swiss Franc The Euro has risen by 0.11% to 1.1348. EUR/CHF and USD/CHF, August 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is trading heavily against most of the world’s currencies today. The main exceptions come from the emerging markets where the Turkish lira, Russian ruble, and Mexican peso are the chief exceptions, and their losses are modest....

London house prices fall at the fastest annual rate since height of the financial crisis London house prices fall in 5th month in row, worst falls since 2009 London rents dropped at the fastest rate in eight years – ONS Brexit, London property slump put brake on UK house price growth Consumer spending declined in July as inflation increased UK house price growth slowed in June to the lowest annual rate in five years...

Coal-fired power plants are key contributors to global warming. Professors and researchers from Zurich’s Federal Institute of Technology (ETH Zurich) have joined the chorus of civil society actorsexternal link calling for the Swiss state pension fund to divest from fossil fuels. In a letterexternal link to Publica, one of the largest pension funds in Switzerland, 166 experts from ETH Zurich, including 128 professors,...

Crude oil has been climbing a trendline for the past year. This Great Graphic depicts this trend on a weekly bar chart. Depending exactly the line is drawn, it comes in now near $65 a barrel. The technical indicators are consistent with further losses. Oil is off for a third day, alongside other industrial commodities, including copper. In addition to concerns about the economic impact from the trade tensions, the...

The Q2 GDP report (+4.1% from the previous quarter, annualized) was heralded by the administration as a great achievement and certainly putting a 4 handle on quarter to quarter growth has been rare this cycle, if not unheard of (Q4 ’09, Q4 ’11, Q2 & Q3 ’14). But looking at the GDP change year over year shows a little different picture (2.8%). The US economy is definitely accelerating out of the 2016 slowdown. The...

Berkshire Hathaway CEO Warren Buffet famously dismissed gold. “Gold has two significant shortcomings, being neither of much use nor procreative.” I have recently written about how a government with gold mining tax revenues can use gold. The benefits of issuing gold bonds include reducing risk, and getting out of debt at a discount. Pretty useful, eh? As to his second point, one should never confuse suppressed with...

Liebe Tamara Ich kenne dich nur aus den Medien. Du hast sicher wie jeder Mensch herausragende Qualitäten. Auch stelle ich fest, dass sich viele Leute über dich aufregen. Ich finde, sollen sie doch, wenn sie dadurch glücklich werden. Ich habe vernommen, du magst gewisse Lieder nicht. Den...

Liebe Tamara Ich kenne dich nur aus den Medien. Du hast sicher wie jeder Mensch herausragende Qualitäten. Auch stelle ich fest, dass sich viele Leute über dich aufregen. Ich finde, sollen sie doch, wenn sie dadurch glücklich werden. Ich habe vernommen, du magst gewisse Lieder nicht. Den...

Swiss Franc The Euro has risen by 0.48% to 1.1322. EUR/CHF and USD/CHF, August 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Two developments have helped turned sentiment, or at least arrested the markets’ momentum. First, the developments in Turkey, where officials have taken a few measures that will make it somewhat more difficult to access the lira. This may...

Neuchâtel, 16.08.2018 (FSO) – The number of employed persons in Switzerland rose by 0.7% in the 2nd quarter 2018 compared with the same quarter of the previous year. The unemployment rate as defined by the International Labour Organisation (ILO) rose during the same period by 0.2 percentage points to 4.6%. The EU’s unemployment rate based on the ILO definition decreased from 7.6% to 6.9%. These are some of the results...