Tag Archives: Featured

Swiss Franc The Euro has risen by 0.18% to 1.0785 EUR/CHF and USD/CHF, October 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: President Trump’s tweet announced that negotiations with the House Democrat leadership had collapsed, and there will be no further talks until after the election. Many economists had been removing it from their Q4 GDP projections, but the market was caught wrongfooted. Risk came off....

Easyjet Switzerland says it doesn’t expect a return to pre-Covid 19 business levels until 2023. Keystone / Georgios Kefalas Faced with lower demand and with no recovery expected anytime soon, EasyJet Switzerland is withdrawing two of its 12 planes stationed in Basel. Seventy jobs will be lost. Making the announcement on Tuesday, the airline company said it was consulting staff representatives on the fate of the jobs concerned. “EasyJet Switzerland has so far managed...

The dollar remains under pressure; the US curve continues to steepen; a compromise on fiscal stimulus before the election still seems unlikely; this is another quiet day in terms of US data President Lagarde said the ECB is prepared to inject fresh monetary stimulus to support the recovery; we expect the ECB to increase its PEPP in Q4 German factory orders came in much stronger than expected; Russia reports September CPI RBA delivered a dovish hold; the Australian...

Following the ideas of John Maynard Keynes and Milton Friedman, many commentators associate economic growth with increases in the demand for goods and services. Both Keynes and Friedman held that the Great Depression of the 1930s was due to an insufficiency of aggregate demand and that thus the way to fix the problem was to boost aggregate demand. For Keynes, this could be achieved by having the federal government borrow more money and spend it when the private...

There was a big drop in the price of silver last Wednesday. Then the price moved up, and down, but mostly up. Let’s look at a graph of the silver price and basis showing Sep 30 through Oct 5, with intraday resolution. Let’s take a look: It’s remarkable how the basis tracks the price, until Oct 5. When basis tracks price, this means the action is primarily in the futures market. At times when the price is rising, the basis is rising—which simply means that the spread...

Swiss Franc The Euro has fallen by 0.06% to 1.0776 EUR/CHF and USD/CHF, October 06(see more posts on EUR/CHF, USD/CHF, ) Source: investing.com - Click to enlarge FX Rates Overview: Market moves have stalled. The MSCI Asia Pacific Index did manage to extend Monday’s gains, but other markets are heavier. Europe’s Dow Jones Stoxx 600 is snapping a three-day advance. The communications sector is the sole standout, though financials and energy are little changed....

In wenigen Tagen wird im Kanton Aargau, aber auch in anderen Kantonen, das Kantonsparlament und die Kantonsregierung gewählt. Der Wahlkampf ist eher flau. Vielleicht weil es daran liegt, dass das grösste Thema einfach totgeschwiegen wird: Corona wird bei keiner Partei auch nur schon erwähnt (und wenn doch, bitte zeigen Sie’s mir!). Wieso? Haben alle Parteien Angst vor einer eigenen Meinung? Angst vor einer Verteufelung, wie es die Medien schon an anderen Orten...

© Roland Van Der Meeren | Dreamstime.com Demand for second homes has risen since restrictions related to coronavirus were loosened, according to real estate company Wüest Partner. The option of remote working appears to be encouraging some to trade time in central city locations for more time in Alpine resorts, the countryside, commuter regions and smaller cities. The prices of second homes have risen 3.6% over the last 12 months, according to firm. Demand for...

The BLS’s payroll report draws most of the mainstream attention, with the exception of the unemployment rate (especially these days). The government designates the former as the Current Employment Statistics (CES) series, and it intends to measure factors like payrolls (obviously), wages, and earnings from the perspective of the employers, or establishments. The Establishment Survey. Its cousin is called the Household Survey, or CPS, the Current Population Survey,...

Bob reads from an article recently tweeted out by the NEA, which calls for an end to schooling as we know it in order to promote anti-racism. He then discusses what the Fed has been up to since the coronavirus panic began. Mentioned in the Episode and Other Links of Interest: The YouTube version of this episode (with lots of visuals). Karlyn Borysenko’s YouTube episode on the NEA tweet. Jamilah Pitts’ article on school transformation. Fed article talking about...