Tag Archives: newslettersent

Neuchâtel, 17.08.2017 (FSO) – The number of employed persons in Switzerland rose by 1.3% in the 2nd quarter 2017 compared with the same quarter of the previous year. The unemployment rate as defined by the International Labour Organisation (ILO) fell during the same period in Switzerland from 4.6% to 4.4%. The EU’s unemployment rate decreased from 8.6% to 7.6%. These are some of the results from the Swiss Labour Force...

​ Swiss Franc The Euro has fallen by 0.47% to 1.1306 CHF. EUR/CHF and USD/CHF, August 17(see more posts on EUR/CHF, USD/CHF, ). FX Rates The US dollar had steadied after softening in the North American afternoon yesterday when the dissolution of President Trump’s business councils as a series of executives stepped down. The FOMC minutes added more fuel to the move. The market responded to the minutes by selling the...

Etihad is no longer willing to bail out Air Berlin’s failing business model (Keystone) Airline passengers in Switzerland are bracing themselves for a hike in prices for flights to Germany following the insolvency of budget carrier Air Berlin. The airline had been running at a loss for several years, prompting owner Etihad to pull the plug on Tuesday. Air Berlin is particularly strong at Zurich airport, operating 11...

 The oil effect continued to recede in late spring for more than just WTI prices or inflation rates. US trade on both sides, inbound and outbound, while still positive has stalled since the winter. US Exports, Jun 1989-2017 - Click to enlarge Exports grew by just 6.2% year-over-year (NSA) in June 2017, about the same pace as estimated in December 2016. After contracting for nearly two years, twenty-two months...

Swiss Franc The Euro has fallen by 0.11% to 1.1398 CHF. EUR/CHF and USD/CHF, August 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The Japanese yen and Swiss franc remain heavy as the markets continueto shift away from the geopolitical risks. A return to the macroeconomic agenda is being deterred by new drama from Washington and reports suggesting that ECB’s Draghi...

The backbone of China’s internal economy has been its ghost cities, but not as they may be ghost towns now, rather in how little time they might take to fill up. If the lag was relatively small because of restored growth, more would be needed and the Chinese building economy rolling ever onward. “Reflationary” prices were often Chinese prices of just that perceived process. The perceptions of a possible “hard landing”...

Swiss Franc The Euro has fallen by 0.43% to 1.1397 CHF. EUR/CHF and USD/CHF, August 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates NY Fed President Dudley appears to have stolen any potential thunder in the July FOMC minutes that will be released tomorrow. While we put more emphasis on today’s US retail sales data and the August Fed surveys, many others argued that the...

Contraint à l’exil pour des raisons que je n’aurais jamais cru possibles, je foule aujourd’hui une terre dont les particularités sautent aux yeux du Français que je suis. Tout d’abord, j’ai posé mon regard sur un paysage naturel où les nombreux sites se marient avec une agriculture dont la France a perdu jusqu’au souvenir. Ici, pas de monoculture subventionnée par l’Union Européenne : les champs sont restés des...

Of the economic releases of the past two weeks the one that got the most attention was the employment report. That report is seen by many market analysts as one of the most important and of course the Fed puts a lot of emphasis on it so the press spends an inordinate amount of time dissecting it. I don’t waste much time on it myself because it is subject to large revisions and has little predictive capability. In...

© Denis Linine | Dreamstime According to various newspapers, Swiss Rail placed an advert on a job portal at ETH, a university in Zurich, offering work to cunning vixens, “schlaue Füchsinnen” in German. Successful applicants need to dress up as foxes, including fox tails, and run around train stations with posters informing travellers of alternative train connections. 20 Minutes reported that a Swiss Rail spokesperson...