Tag Archives: newsletter

01.04.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 6.9% in nominal terms in February 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 5.5% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays fell in the retail sector by 6.3% in February 2021 compared with the previous year. Real growth...

01.04.2021 – The consumer price index (CPI) increased by 0.3% in March 2021 compared with the previous month, reaching 100.6 points (December 2020 = 100). Inflation was –0.2% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.3% increase compared with the previous month can be explained by several factors including rising prices for clothing and footwear due to the end of the seasonal sales. Heating...

Scottsdale, Ariz, April 1, 2021— Monetary Metals® announces that it has issued a gold token. Unlike the company’s other products, this one is not designed to pay a yield. In a sign of the times, the company intends this product to generate big speculative gains. It is designed to GO UP! It is (at issue date) 2,000 fine bucks of gold. However, some guy predicted it would go up to 4,000 or maybe even 5,122 fine bucks of gold. “It’s magical,” gushed Monetary Metals CEO...

Most of the big Swiss textile machinery companies have local production in China and only export high-end components from Switzerland. © Keystone / Gaetan Bally Amid allegations of forced labour involving Uyghur and other minorities in the garment supply chain, the Swiss textile machinery sector faces thorny questions about its ties to and reliance on China. My specialty is telling stories, and decoding what happens in Switzerland and the world from accumulated...

PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can check out safely and easily, converting cryptocurrency holdings to fiat currency, with certainty of value and no additional transaction fees. Checkout with Crypto will automatically appear in the PayPal wallet at checkout...

Die Richtlinien und Massnahmen der Schweizerischen Nationalbank (SNB) für den Klimaschutz sind laut einer Studie der Londoner Nichtregierungsorganisation Positive Money im Vergleich zum Ausland eher dürftig ausgelegt. Der Vergleich der Klimaschutzanstrengungen verschiedener Zentralbanken zeige, dass die SNB im internationalen Vergleich der G20-Staaten lediglich 24 von 130 Punkten erreiche, heisst es in einem Communiqué vom Mittwoch. Damit lande die SNB auf dem...

Swiss Franc The Euro has risen by 0.02% to 1.1047 EUR/CHF and USD/CHF, March 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US 10-year yield is at new highs since January 2020, pressing above 1.77% and helping pull up global yields today. European benchmarks yields are up 4-5 bp, and the Antipodean yields jump 8-9 bp. The impact on equities has been minor, and the talk is still about the unwinding of...

Many of you have probably heard of the Gamestop saga. A lot of hedge funds were short selling Gamestop stocks. And some investors found out about that and decided to fight against the big hedge funds by massively buying into this stock. But what is shorting a stock? When you are shorting a stock, you are betting against this stock. But why and how to do that? Even though I am not a short seller, I think it is interesting to learn about this. And I know many of my...

30.03.2021 – At the end of 2020, more than one in ten Swiss citizens lived abroad. Almost two thirds lived in Europe, notably in France. Their number increased by 0.7% compared with 2019. The increase in the number of persons aged 65 and over was the most marked (+2.8%). Overall, the share of women remained greater than that of men, according to the results of the statistics on the Swiss abroad from the Federal Statistical Office (FSO). In 2020, 776 300 Swiss...

Switzerland has 5,700 public charging points dotted around cities, towns and villages. But charging infrastructure is regularly cited as the country’s Achilles heel. © Keystone / Christian Beutler Last year saw a surge in new electric vehicle (EV) sales worldwide and Switzerland was no exception. But the experience of frontrunner countries like Norway shows that some things will have to change if the Swiss electric car revolution is to keep pace in the years ahead...