Tag Archives: Featured

Swiss Franc The Euro has fallen by 0.21% to 1.1679 CHF. EUR/CHF and USD/CHF, December 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Sufficient progress will be judged to have been made, and negotiations of the separation between the UK and EU will be allowed to enter the second stage. The formal decision will be made at next week’s EU summit. To be sure, “sufficient...

- Click to enlarge Les paradis fiscaux lovés au coeur de l’UE, de l’Asie et des Etats-Unis d’Amérique sont occultés… L’analyse vire à la farce! Après avoir étudié la situation de 92 pays en matière de lutte contre l’évasion fiscale, l’Union européenne n’en retient donc que 17 sur sa liste noire des paradis fiscaux. Parmi ces États dits « non-coopératifs » on trouve, entre autres, le Panama, la Tunisie, les...

© Mohamed Ahmed Soliman | Dreamstime - Click to enlarge Many Swiss residents travel to neighbouring eurozone countries for their holidays. These countries are close and Swiss francs go far there. However, to get the most out of a strong currency you need a good exchange rate. If a Swiss resident presenting euro cash at a checkout in Germany or France was told they couldn’t pay in euros because they live in Switzerland...

There are two divergent views on the crackdown on corruption by Saudi Arabia’s crown prince, Mohammed bin Salman (MBS), which led to the arrest and detention of 200 princes, ministers and former ministers. On one hand, it was a masterstroke which will earn political capital with the Saudi people and catalyse an Arab Spring in which MBS is a modernizing reformer who will liberalise Islam. On the other, it was nothing...

Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries – Increased efforts in green energy and advanced technology set to boosts silver’s demand – Four-year supply deficit set to increase due to fewer mine openings and discoveries – Bank manipulation may be why silver under performing – TD Securities and the Bank of Montreal expect silver to be best performing precious metal in 2018 – Growing...

Unemployment Rate (not seasonally adjusted) Registered unemployment in November 2017 – According to the State Secretariat for Economic Affairs (SECO) surveys, at the end of November 2017 there were 137’317 unemployed registered at the Regional Employment Centers (RAV), 2’517 more than in the previous month. The unemployment rate rose from 3.0% in October 2017 to 3.1% in the month under review. Compared with the...

Swiss Franc The Euro has risen by 0.17% to 1.1693 CHF. EUR/CHF and USD/CHF, December 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Global equities are stabilizing today after the recent downside pressure. The MSCI Asia Pacific Index snapped an eight-day slump with a 0.4% gain, led by a rebound in Tokyo and India. European markets are firm, with the Dow Jones Stoxx...

“Uber-bull predictions of gold at over $5,000 per ounce are not beyond the realms of possibility…” So says GoldCore founder and self-confessed gold bug, Mark O’Byrne. Indeed, I recently caught up with Mark to get his thoughts on gold and what’s going on with it right now… But before we got to the nitty-gritty, I started by asking him a little about his background: - Click to enlarge GLENN: How long have you been in...

We’ve had a pretty good run of data recently and with the tax bill passing the Senate one would expect to see markets react positively, to reflect renewed optimism about economic growth. We have improving economic data on pretty much a global basis. It isn’t a boom by any stretch of the imagination but there is no doubt that the rate of change has recently been more positive. We also have a change in tax policy that...

Neuchâtel, 04.12.2017 (FSO) – Gross domestic product (GDP) growth slowed between 2014 and 2015 in most cantons. Nevertheless, the cantons of Neuchâtel (+ 4.4%), Schaffhausen (+ 2.9%), Schwyz (+ 2.9%) and Zug (+ 2.8%) recorded a clearly positive development. The canton of Zurich once again made the biggest contribution to the nationwide growth. These results are based on the first estimates of the Federal Statistical...