Headlines Week February 13, 2017 Recently inflation rose more quickly in the euro zone, but this was mostly caused by a temporary oil price effect. Therefore the ECB might be dovish for a longer period than the SNB. Consumer price inflation will decide who is more dovish. Ultimately inflation will depend on the two key parameters wages and rents. Rents will rise first in Switzerland, while the Euro zone has downwards...
Read More »Weekly Sight Deposits and Speculative Positions: SNB Intervenes for 2.4 bn CHF, while Speculators increase CHF Shorts
Headlines Week February 06, 2017 Recently inflation rose more quickly in the euro zone, but this was mostly caused by a temporary oil price effect. Therefore the ECB might be dovish for a longer period than the SNB. Consumer price inflation will decide who is more dovish. Ultimately inflation will depend on the two key parameters wages and rents. Rents will rise first in Switzerland, while the Euro zone has downwards...
Read More »Weekly Sight Deposits and Speculative Positions: Strong Swiss Trade Balance: SNB allows EUR/CHF to 1.0680
Headlines Week January 30, 2017 Recently inflation rose more quickly in the euro zone, but this was mostly caused by a temporary oil price effect. Therefore the ECB might be dovish for a longer period than the SNB. Consumer price inflation will decide who is more dovish. Ultimately inflation will depend on the two key parameters wages and rents. Rents will rise first in Switzerland, while the Euro zone has downwards...
Read More »Weekly Sight Deposits and Speculative Positions: Weaker dollar let SNB accumulates losses
Headlines Week January 23, 2017 Who has read Milton Friedman knows that the Trump reflation trade is now showing its positive side. US wages are rising by 2.5%, while inflation is still relatively low. According to Friedman, inflation will increase only later. This implies that speculators are long the dollar and short the Swiss franc and the euro during the weak inflation period. The last ECB meeting showed that the...
Read More »Weekly SNB Intervention Update: Sight Deposits and Speculative Position
Headlines Week January 23, 2017 Who has read Milton Friedman knows that the Trump reflation trade is now showing its positive side. US wages are rising by 2.5%, while inflation is still relatively low. According to Friedman, inflation will increase only later. This implies that speculators are long the dollar and short the Swiss franc and the euro during the weak inflation period. The last ECB meeting showed that the...
Read More »Weekly Sight Deposits and Speculative Positions: Stronger SNB interventions at more expensive EUR
Headlines Week January 13, 2017 Who has read Milton Friedman knows that the Trump reflation trade is now showing its positive side. US wages are rising by 2.5%, while inflation is still relatively low. According to Friedman, inflation will increase only later. This implies that speculators are long the dollar and short the Swiss franc and the euro during the weak inflation period. The last ECB meeting showed that the...
Read More »Weekly Sight Deposits and Speculative Positions: SNB Intervenes, Speculators Short CHF again
Headlines Week January 09, 2017 Who has read Milton Friedman knows that the Trump reflation trade is now showing its positive side. US wages are rising by 2.5%, while inflation is still relatively low. According to Friedman, inflation will increase only later. This implies that speculators are long the dollar and short the Swiss franc and the euro during the weak inflation period. The last ECB meeting showed that the...
Read More »Weekly Sight Deposits and Speculative Positions:
Headlines Week January 02, 2017 Who has read Milton Friedman knows that the Trump reflation trade is now showing its positive side. US wages are rising by 2.5%, while inflation is still relatively low. According to Friedman, inflation will increase only later. This implies that speculators are long the dollar and short the Swiss franc and the euro. The last ECB meeting showed that the ECB might be dovish for a longer...
Read More »Weekly Sight Deposits and Speculative Positions: SNB intervenes, while Speculators go Long CHF
Headlines Week Ending December 23 , 2016 Who has read Milton Friedman knows that the Trump reflation trade is now showing its positive side. US wages are rising by 2.5%, while inflation is still relatively low. According to Friedman, inflation will increase only later. This implies that speculators are long the dollar and short the Swiss franc and the euro. The last ECB meeting showed that the ECB might be dovish for a...
Read More »Weekly Sight Deposits: Week December 09, 2016
Headlines Week December 09, 2016 Who has read Milton Friedman knows that the Trump reflation trade is now showing its positive side. US wages are rising by 2.5%, while inflation is still relatively low. According to Friedman, inflation will increase only later. This implies that speculators are long the dollar and short the Swiss franc and the euro. Last week’s ECB meeting showed that the ECB might be dovish for a...
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