Tag Archives: Featured

Former president George W. Bush has returned to the spotlight to give moral guidance to America in these troubled times. In a statement released on Tuesday, Bush announced that he was “anguished” by the “brutal suffocation” of George Floyd and declared that “lasting peace in our communities requires truly equal justice. The rule of law ultimately depends on the fairness and legitimacy of the legal system. And achieving justice for all is the duty of all.” Bush’s...

Swiss Franc The Euro has risen by 0.64% to 1.0898 . FX Rates Overview: The modest loss in the S&P 500 and NASDAQ yesterday did not signal the end of the bull run. All the markets in the Asia Pacific region rallied, with the Hang Seng among the strongest with a 1.6% advance that brought the week’s gain to around 7.8%. South Korea’s Kospi was not far behind with a weekly gain of 7.5%. In the past two weeks, the MSCI Asia Pacific Index is up nearly 10%.  European...

Voici une vidéo tournée par Christian Campiche lors d’une rencontre matinale autour d’un café. Christian s’est mis à enregistrer alors que nous parlions de ce que la BNS faisait, et surtout ne faisait pas, pour soutenir la population suisse dans cette période de post-confinement. Mon point de vue est non seulement qu’elle ne fait rien pour l’économie locale, mais qu’elle fait tout pour le marché financier international auquel elle appartient pleinement. embedded...

© Martinmark | Dreamstime.com Based on data from the first wave of Covid-19, epidemic modellers in Zurich estimate Switzerland would have suffered 22,000 deaths without the restrictions on daily life introduced in March 2020. The modelling, done by Fadoua Balabdaoui and Dirk Mohr at the Swiss Federal Institute of Technology in Zurich (ETHZ), estimates nearly 75% of Switzerland’s population would be infected by now. One of the difficulties decision makers face when...

NGOs argue that developing nation debt is borne by the world’s poorest populations. (Keystone / Nic Bothma) A group of 11 NGOs has called on Swiss banks and government ministries to consider offering relief on billions in debt owed by developing nations. The consortium says that the coronavirus pandemic has increased economic pressure on the poorest countries. The NGOs in question are Alliance Sud, Swissaid, Fastenopfer, Bread for All, Helvetas, Terre des Hommes...

Risk sentiment is taking a breather today after a strong run; the dollar is getting some modest traction Fed tweaked its municipal bond program; weekly jobless claims are expected to rise 1.843 mln; Brazil and Mexico are seeing record high daily death counts ECB is expected to ease today; Germany agreed on a new fiscal package that exceeded expectations BOE warned that UK banks should plan for a possible hard Brexit; Swiss deflation is deepening Australia reported...

◆ WORLD SILVER SURVEY 2020 from the SILVER INSTITUTE GLOBAL SILVER DEMAND EDGED HIGHER IN 2019, WITH INVESTMENT DEMAND UP 12%, WHILE SILVER MINE SUPPLY FELL FOR THE FOURTH CONSECUTIVE YEAR Global silver demand was pushed higher in 2019, with a 12 percent increase in investment demand as retail and institutional investors focused their attention on the long-term investment appeal of the white metal. Favorable structural changes, such as vehicle electrification and a...

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Swiss Franc The Euro has risen by 0.02% to 1.0798 EUR/CHF and USD/CHF, June 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After several days of aggressive risk-taking, investors are pausing ahead of the ECB meeting. Equities were mostly higher in the Asia Pacific region, though China was mixed, and Indian shares slipped. Europe’s Dow Jones Stoxx 600 is snapping a five-day advance, and US shares are trading...

04.06.2020 – The consumer price index (CPI) remained stable in May 2020 compared with the previous month, remaining at 101.3 points (December 2015 = 100). Inflation was –1.3% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).The stability of the index compared with the previous month is the result of opposing trends that counterbalanced each other overall. Prices for housing rental, international package...