Tag Archives: Swiss National Bank

Introduction by George Dorgan My articles About meMy booksFollow on:TwitterFacebookGoogle +YoutubeSeeking AlphaCFA SocietyLinkedINEconomicBlogs Summary: Money markets and the Swiss franc have diverged despite a presumed increase in event risk from the U.S. Presidential election. Moreover, shorts against the Swiss franc have risen. This surprising divergence opens up a presumed opportunity use the franc as...

Voller Stolz präsentiert die SNB ihr Zwischenergebnis für die ersten 9 Monate dieses Jahres: 28.7 Milliarden Franken Gewinn. Und die Medien kolportieren diese Zahlen unbedarft. Die Devisenreserven der SNB seien erneut gestiegen wird da behauptet; und zwar allein in diesen neun Monaten um 73 Milliarden auf sage und schreibe 666 Milliarden Franken. Solche Schlagzeilen sind oberflächlich und lenken von der grossen Gefahr...

„Es kostet fast nichts, Franken im richtigen Umfang zu drucken.“ Das sagte der Wirtschaftsnobelpreisträger Joseph Stiglitz am World Economic Forum (WEF) in Davos anlässlich eines Interviews mit dem Tages-Anzeiger. Damit behauptet der Laureate, dass es für die Schweizerische Nationalbank fast nichts kostet, den Mindestkurs durchzusetzen. Er erwartet, dass die Schweiz zum Schluss kommen wird, dass die Nationalbank den...

By Chris at www.CapitalistExploits.at As a teenager brimming with testosterone my reptilian brain loved action movies. Top of my list were Steven Seagal movies. Clearly it wasn’t for his acting skills, which are only marginally better than Barney the dinosaur. What I loved about Seagal was that he was both deadly and terribly fast. His opponents had mere seconds before their arms, legs, or other bones were snapped like...

Retaken from Christoph Gisiger via Finanz und Wirtschaft, James Grant, Wall Street expert and editor of the investment newsletter «Grant’s Interest Rate Observer», warns of a crash in sovereign debt, is puzzled over the actions of the Swiss National Bank and bets on gold. From multi-billion bond buying programs to negative interest rates and probably soon helicopter money: Around the globe, central bankers are...

SMI The Swiss Market Index is set to finish the week lower, but outperforming global stocks, thanks to a strong week of luxury good stocks. SMI Index, October 15. - Click to enlarge Economic Data Global stocks fell to their lowest levels since July on Thursday as investors rushed to the safety of government bonds, yen and gold after renewed concerns over weakness in the Chinese economy and as the Federal Reserve...

The Swiss National Bank is offering a rare look into how it sets monetary policy. A video of SNB President Thomas Jordan and fellow members of the governing board shows them beginning their quarterly policy assessment discussing the state of the economy with about 30 people. According to the voiceover, the group comprises experts from different departments engaged in a question-and-answer session. [embedded content]...

As reported moments ago, just around 7:07pm ET, cable snapped and plunged by what some say may have been as much as 1200 pips, dropping from 1.26 to as low as 1.14 according to some brokers, before snapping back up. GBP/USD, October 7 - Click to enlarge What caused the move? While nobody knows the catalyst behind the flash crash  yet, Bloomberg has compiled several potential explanations. “The GBP/USD slide could...

By now it is well-known that as we profiled previously, one of the most ravenous buyers of US stocks in recent years, has been a central bank: the Swiss National Bank… Value of Swiss National Bank US Stocks Holdings(see more posts on Swiss National Bank, )Value of Swiss National Bank US Stocks Holdings - Click to enlarge … which has shown a particular appetite for AAPL stock: Swiss National Bank Top Holdings(see...

By now it is well-known that as we profiled previously, one of the most ravenous buyers of US stocks in recent years, has been a central bank: the Swiss National Bank… Value of Swiss National Bank US Stocks Holdings(see more posts on SNB Holdings, )Value of Swiss National Bank US Stocks Holdings - Click to enlarge … which has shown a particular appetite for AAPL stock: Swiss National Bank Top Holdings(see more...