Tag Archives: Featured

By Bryan Cutsinger Why did the United States abandon the gold standard? In an article published recently by the Federal Reserve Bank of St. Louis, Maria Hasenstab cites the international gold shortage during the Great Depression. “Countries around the world basically ran out of supply and were forced off the gold standard,” she writes. In passing, the article mentions the American people were not forced off by an international gold shortage,...

Pour l’année 2024, les acheteuses et les acheteurs avaient le choix, pour la première fois, entre la vignette autocollante conventionnelle et la vignette électronique. Un bon tiers des personnes ont opté pour la version numérique. [embedded content] Tags: Featured,newsletter

It is popularly deemed a sign of moral superiority and a mark of the “progressive” mind to heavily criticize the existence of inequalities of wealth and income within the social order of the division of labor and private ownership in the means of production. However, the sober mind, careful of being unduly biased by errant ideological presuppositions, is often found to hold views that run contrary to the prevalent lines of reasoning advanced by these critics. This...

The Swiss interior ministry estimates that around a third of society, including the elderly and people with disabilities, have difficulty grasping the basic functions of digital tools. Keystone / Christian Beutler Listen to the article...

Overview:  Escalating tensions in Europe and comments from Bank of Japan Ueda that spurred speculation of a December hike are the main drivers of the foreign exchange market today. The yen is the strongest of the G10 currencies, up about 0.65%, while the euro is the weakest, off a little more than 0.25%, and sterling is down almost as much. Most of the other G10 currencies are little changed. Led by central European currencies, most emerging market currencies are...

The job cuts are part of the biggest transformation project in the SBC's history. Keystone / Anthony Anex Listen to the article Listening the article Toggle language...

USD/CHF trades in a tight range below 0.8850 as investors seek fresh Fed interest rate cues. Donald Trump’s economic agenda will be inflationary for the US economy. Investors await flash US S&P Global PMI for November and SNB Schlegel’s speech, which are scheduled for Friday. The USD/CHF pair consolidates in a tight range below 0.8850 in European trading hours on Thursday. The Swiss Franc pair trades sideways as investors look for fresh...

In 2010, only 17% of all new cars were SUVs, the Comparis report noted. Keystone / Urs Flueeler Listen to the article Listening the article Toggle language selector...

EUR/CHF remains on the low near 0.93, ING’s Chris Turner notes.   EUR/CHF to grind towards 0.92 “In August we had felt that EUR/CHF would stay offered for the rest of the year and recent events only add to that conviction.” “What interests us is whether the Swiss National Bank will take rates below 0.50% in this easing cycle (we think not). And spread compression should weigh on EUR/CHF as the ECB cuts rates 150bp into next summer.” “Expect...

Gold price attracts buyers for the fourth consecutive day and climbs to over a one-week high. Geopolitical risks stemming from the Russia-Ukraine conflict benefit the safe-haven XAU/USD. Elevated US bond yields could underpin the US Dollar and cap the non-yielding yellow metal. Gold price (XAU/USD) adds to its intraday gains and climbs to a fresh one-and-half-week high, around the $2,664-2,665 area during the first half of the European session...