According to the newest monetary data, in the week ending June 8th, the unsterialized money supply (as measured in sight deposits of domestic and foreign banks and deposits by the Swiss confederation) increased by 14 billion Swiss francs.
Our regular Excel spreadsheet with the history of SNB data is here:
[caption id="attachment_966" align="aligncenter" width="610"] SNB Balsheet Week June 1st[/caption]
Currently we are leading our bet of 30 plus bln. CHF printed per month against ZKB's Marmet, who thought that the inflows into Switzerland will slow.
In a recent post we gave a wrap-up of the intense Swiss discussions about the floor. We argue in this post that it was Jordan himself (and the IMF policies and Swiss GDP), but not Grübel who triggered the big safe-haven flows into Switzerland.
Remark: The Tagesanzeiger (and Marmet ?) spoke of a flattening dynamics of inflows, however they got mistaken in their arguments. They use monthly averages as argument that flows are flattening, which is flawed.
Weekly averages:
Monthly averages:
Disclosure: We are short EUR/CHF
Full story here
Are you the author?
See more for
Next post
Tags: Deposits,floor,franc,IMF,Jordan,monetary data,SNB sight deposits,Swiss National Bank,Switzerland,Switzerland Money Supply
Home › 1) SNB and CHF › 1.) Monetary Data › Another week, another 14 bln. francs printed
Permanent link to this article: https://snbchf.com/2012/06/another-week-another-14-bln-francs-printed/
Donate to SNBCHF.com
Donate to SNBCHF.com Via Paypal or Bitcoin To Help Keep the Site Running
Please consider making a small donation to Snbchf.com. Thanks
Bitcoin wallet: bc1qa2h6hgd0xkuh7xh02jm5x25k6x8g7548ffaj3j
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
USD/CHF stays above 0.9100 nearing the highs since October
11 days ago -
SNB Sight Deposits: increased by 3.4 billion francs compared to the previous week
18 hours ago -
Pound Sterling falls back as upbeat US Retail Sales strengthen US Dollar
11 days ago -
Canadian Dollar remains vulnerable after strong US Retail Sales
11 days ago -
2024-04-09 – Martin Schlegel: Interest rates and foreign exchange interventions: Achieving price stability in challenging times
17 days ago
Main SNB Background Info
-
SNB Sight Deposits: increased by 3.4 billion francs compared to the previous week
18 hours ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
Did the MMT Camp Correctly Predict the Post-Covid Economy?
-
Word of the Day: Performative
-
In diesen Städten sind die #Mieten am stärksten gestiegen #wohnen #shorts
-
5 Entscheidungen, von denen Dein Wohlstand abhängt
-
Bayer Hauptversammlung: Damit müssen Aktionäre jetzt rechnen!
-
Chapter 9. From Taxes to Trade, More Secession Means More Freedom
-
Woods Exposes the Federal Reserve System
-
Increase of 1.7% in nominal wages in 2023 and 0.4% decline in real wages
-
SNB returns to quarterly profit thanks to Swiss franc weakness
-
The Danger of the West’s Neglect of Individual Rights
More from this category
- Is gold too expensive to buy right now?
8 Apr 2024
- Rate Adjustment Underpins Greenback
3 Apr 2024
- Waller Pushes on Open Door: Push for Patience Lifts the Dollar, Complicating Japanese Efforts
28 Mar 2024
- Market Hears a Dovish Fed and Sells the Greenback
21 Mar 2024
- Heightened Speculation of a BOJ Move Tomorrow did not Stop the Nikkei from Rallying or Yen from Slipping
18 Mar 2024
- Private property rights under siege
1 Mar 2024
- Dollar Jumps
28 Feb 2024
- SNB Study: Results of the Swiss Payment Methods Survey
27 Feb 2024
- The Top Swiss Law Firms for Fintech and Blockchain Practice
22 Feb 2024
- Quiet End to a Busy Week
16 Feb 2024
- BIS, Swiss National Bank and World Bank Launch Token Project Promissa
15 Jan 2024
- New SNB Study Reveals Critical Role of Card Schemes and Banks in the Contactless Payment Usage
12 Jan 2024
- Holiday Moves Continue to be Unwound
3 Jan 2024
- Swiss-Backed CBDC Project Explored Feasibility of Cash-Like, Anonymous Digital Currency
21 Dec 2023
- Fed to Express More Confidence that Policy is Sufficiently Restrictive Despite the Easing of Financial Conditions
13 Dec 2023
- BOJ Speculation Unwound, Taking the Yen Lower
11 Dec 2023
- Markets Catch Collective Breath
6 Dec 2023
- Swiss National Bank Launches Wholesale Central Bank Digital Currency Project
4 Dec 2023
- War is the health of the State
22 Nov 2023
- “Sound money must be anchored to and backed by real, tangible assets”
16 Nov 2023