Tag Archives: newslettersent

Swiss Franc EUR/CHF - Euro Swiss Franc, May 23(see more posts on EUR/CHF, ) - Click to enlarge FX Rates The US dollar cannot get out of its own way, it seems. With a light economic schedule, there is little to offset the continued drumbeat of troubling political developments. The latest turn, as reported first in the Washington Post, that President Trump asked heads of intelligence groups to also publicly deny...

The Swiss agriculture sector is “vulnerable” to competition, says the WTO. (Keystone) The European Union and the United States have criticised Switzerland for the over-protection of its agricultural sector. Responding to the questions raised at the Geneva-based World Trade Organization (WTO), Switzerland said it would make an effort to ease protections, on condition that other member states do likewise. The statements...

© Gyuszko | Dreamstime.com 20 Minutes. A pilot bio-monitoring project in Switzerland will measure traces of pollutants and micronutrient and endocrine disruptors in organic samples. According to 20 Minutes, the impact of certain chemical products worries the authorities. The pilot project was launched last week by the executive branch of Switzerland’s government, known as the Federal Council. Depending on the results, a...

The economic data releases since the last update were generally upbeat but markets are forward looking and the future apparently isn’t to their liking. Of course, it is hard to tell sometimes whether bonds, the dollar and stocks are responding to the real economy or the one people hope Donald Trump can deliver when he isn’t busy contradicting his communications staff. Politics has been front and center recently but...

Swiss Franc EUR/CHF - Euro Swiss Franc, May 22(see more posts on EUR/CHF, ) - Click to enlarge FX Rates After being shellacked last week, the US dollar is trading with a firmer bias against all the major currencies, but the euro and New Zealand dollar. To be sure, it is not that a new development has emerged to take investors’ minds from intensifying political uncertainty in the US. Rather it seems to be simply...

A majority of commentators in Swiss newspapers are pleased with voters’ decision to withdraw from nuclear power and promote renewable energies, even if the government’s energy strategy leaves many open questions. A big win for the Swiss energy minister - Click to enlarge The Basler Zeitung sees a “change of direction with numerous open questions” following Sunday’s vote (58% of voters) in favour of Energy...

Summary: Markel said the euro was too weak, so it rallied. This is not a new position for Germany. Merkel may now tack to the left since the AfD appears to have been dispatched. Look for Weidmann to begin moderating views or becoming less antagonistic. The interruption of last week’s steady negative news stream from the US saw the dollar consolidate its recent losses.  German Chancellor Merkel’s comments...

Swiss Franc vs USD and EUR The Swiss Franc recovered a lot of the losses that came with the French elections. That political event was mostly driven by speculators that will close their positions. We expected the EUR to trade around 1.07 to 1.0750 CHF in some time. What exactly is this “some time” remains open, but is at the latest in early 2018. Many, like Thomas Flury, currency strategist at UBS, think that the...

Judging from investors’ reactions, the only thing worse that than the low volatility environment is when volatility spikes higher, as it did yesterday. Higher volatility is associated with weakening equity markets, falling interest rates, pressure on emerging markets, a strengthening yen and, sometimes, as was the case yesterday, heavier gold prices. A fragile stability has enveloped the markets after US equities...

Neuchâtel, 15.05.2017 (FSO) – In 2015 approximately 570 000 people were affected by income poverty in Switzerland. Just under 145,000 of these were employed. The groups most affected were persons living alone or in single parent households with minor children, persons with no post-compulsory education and those living in households where no-one works. The poverty rate has hardly changed when compared with the previous...