Tag Archives: Featured

Swiss Franc The Euro has risen by 0.37% to 1.1755 CHF. EUR/CHF and USD/CHF, January 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is sporting a softer profile across the board, though remaining largely in the ranges seen over the past couple of sessions. At the same time, the news stream suggests that the global synchronized growth cycle strengthened...

- Click to enlarge To many, the question about the fate of the third major dollar rally since the end of Bretton Woods was resolved last year. The dollar fell broadly. It marked the end the greenback’s ride higher. However, I remain less convinced that this is really the case.  And that is what I discuss in this three-minute clip from Bloomberg’s What’d You Miss. What I focused on (here) was two-fold.  First, that...

The weakening of the franc against the euro in 2017 boosted Swiss exporters. (Keystone) - Click to enlarge Eight out of ten Swiss business executives anticipate a positive economic outlook for the country in 2018, according to an annual survey carried out by the SonntagsZeitung newspaper. Is it a sign that moods are changing after a 2017 that many would describe as turbulent? Or rather another indication of...

Happy 2nd Birthday Bail-in Tool! We Suggest Gold As The Perfect Gift – Two years since bail-in rules officially entered EU regulations– EU bail-in rules have wiped out billions for savers and and businesses, with more at risk– Future of many failing banks now rests on depositors who may no longer be protected by deposit insurance– Physical gold enables savers to stay out of banking system and reduce exposure to...

While the Western world was off for Christmas and New Year’s, the Chinese appeared to have taken advantage of what was a pretty clear buildup of “dollars” in Hong Kong. Going back to early November, HKD had resumed its downward trend indicative of (strained) funding moving again in that direction (if it was more normal funding, HKD wouldn’t move let alone as much as it has). China’s currency, however, was curiously...

A New Year of Symbiotic Disharmony The New Year is nearly here. The slate’s been wiped clean. New hopes, new dreams, and new fantasies, are all within reach. Today is the day to make a double-fisted grab for them. Without question, 2018 will be the year in which everything happens exactly as it should. Some things you will be able to control, others will be well beyond your control. Certainly, your ability to stop...

Swiss Franc The Euro has risen by 0.37% to 1.1755 CHF. EUR/CHF and USD/CHF, January 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is stabilizing but the tone remains fragile. The euro, which has advanced for five consecutive sessions coming into today is slightly lower. The euro had stalled yesterday as it approached last year’s high set in September...

The world looks like a mess. While the economy appears to be doing better, disparity of wealth and income has grown. Debt levels are rising. Protectionism appears on the rise. Global flash points, like Korea, Middle East, Pakistan, Venezuela are unaddressed. At the same time, this Great Graphic tweeted by @DinaPomeranz, with a hat tip to @bill_easterly is a helpful corrective. The clear decline in hunger, poverty,...

The world looks like a mess. While the economy appears to be doing better, disparity of wealth and income has grown. Debt levels are rising. Protectionism appears on the rise. Global flash points, like Korea, Middle East, Pakistan, Venezuela are unaddressed. At the same time, this Great Graphic tweeted by @DinaPomeranz, with a hat tip to @bill_easterly is a helpful corrective. The clear decline in hunger, poverty,...

Are robots replacing jobs or helping to bring them back home? (Keystone) - Click to enlarge Thanks to advances in robotics and digitalisation, the trend towards the offshoring of manufacturing jobs to cheaper countries is set to be reversed, according to the president of Zurich-based industry giant ABB group. In an interview published Sunday in the NZZ am Sonntag newspaper, Peter Voser said that digital...