Tuesday , October 27 2020
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Tag Archives: newsletter

FX Daily, October 23: Disappointing PMIs may Sharpen ECB’s Dovishness but the Euro Remains Firm

Swiss Franc The Euro has fallen by 0.06% to 1.071 EUR/CHF and USD/CHF, October 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is finishing the week on a soft note, falling against all the major currencies. On the week, it is off by at least one percent against most of them, with the Australian and Canadian dollars and Japanese yen, laggards, rising 0.5%-0.75%. Emerging market currencies are...

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World Data Forum: strong international cooperation for quality data

22.10.2020 – The United Nations World Data Forum took place from 19 to 21 October 2020 in digital format due to COVID-19. The event brought together several thousand experts to find innovative solutions in order to meet the need for better quality data to implement the 2030 Agenda and to control the pandemic. Every two years, the United Nations World Data Forum (UNWDF) brings together participants from various regions, countries and data communities, covering the...

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Coronavirus: false positives rare, according to Swiss experts

© Anyaivanova | Dreamstime.com There is an idea circulating that many of the positive PCR tests results for the SARS-CoV-2 virus in Switzerland are false, results which are known as false positives. However, according to experts interviewed by RTS, PCR test false positives are rare. A number of political figures, including some Swiss parliamentarians, have been referring to large numbers of false positive SARS-CoV-2 PCR test results. While some infected with the...

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Dollar Catches Modest Bid but Weakness to Resume

Geopolitical tensions have risen after US officials accused Russia and Iran of meddling in the elections; the dollar has caught a modest bid today Stimulus talks continue; Pelosi warned that a deal may not come together before the November 3 election; whether Republican Senators change their minds after the elections depends on the outcome Measures of cross-asset volatility suggest a far too generous interpretation of the odds for a clean Democratic sweep; KC Fed...

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Is the US Election the “Cork in the Bottle” for Gold and Silver?

Today we are taking our weekly look at the charts for gold and silver. Republicans and Democrats continue to play the “will they, won’t they?” game over another stimulus package in a Covid19 ravaged US economy. An agreement on a package will ultimately be seen as positive for the markets but, with the US Election just weeks away this may prove to prolong negotiations or postpone decisions until the results of the election are clear and accepted by all. Will Gold Now...

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Central Banks and the Problem with Playing God

It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Central Banks and the Problem with Playing God​“. You Might Also Like Swiss Retail Sales,...

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FX Daily, October 22: Greenback Stabilizes

Swiss Franc The Euro has fallen by 0.11% to 1.0723   EUR/CHF and USD/CHF, October 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Two sets of talks have riveted attention, and both appeared to have made progress yesterday. After some words, the EC, recognizing the importance of UK sovereignty, UK Prime Minister Johnson signaled a resumption of trade talks. In the US, Pelosi and Mnuchin appear to be on the...

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Occupational mobility: nearly 20 percent of employed persons left their job between 2018 and 2019

22.10.2020 – In Switzerland, 19.2% of people who pursued a professional activity left their job between 2018 and 2019. Mobility is particularly strong among young people, people with a fixed-term contract or working in the hotel and restaurant sector. A change of job led to a higher work-time percentage for 1 in 5 people and a wage increase for 1 full-time employee in 3. These are some of the results from the “Occupational mobility in Switzerland 2019” publication...

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Everything is Staged

All the staging is a means to an end, and everyone in America is nothing more than a means to an end: close the sale so the few can continue exploiting the many. You know how realtors stage a house to increase its marketability: first, they remove all evidence that people actually live there. (Of course a vacant house is ideal for staging because there’s none of the messy real-life stuff to deal with.) All the clutter of everyday life must be moved elsewhere so the...

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Coronavirus: Switzerland hits new daily record

© Martinmark | Dreamstime.com On 21 October 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 5,596, new cases of SARS-CoV-2 infection over 24 hours. The highest daily reported figure during spring was 1,293. A significant increase in testing means infection figures reported over spring are not comparable to today’s numbers. However, the difference in test positivity is narrowing. During the peak in March 2020 around 25% of tests were positive. Over...

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