Weekly SNB Sight Deposits and Speculative Positions: SNB selling euros and dollars
2021-03-01
Update March 01 2021: SNB selling euros and dollars. Sight Deposits have fallen: The change is -0.2 bn. compared to last week, this means the SNB is selling euros and dollars.
Weekly SNB Sight Deposits and Speculative Positions: SNB buying euros at high prices – February 22, 2021
2021-02-22
Update February 22 2021: SNB intervening. Sight Deposits have risen by +0.1 bn CHF, this means that the SNB is intervening and buying Euros and Dollars: The change is +0.1 bn. compared to last week.
Swiss balance of payments and international investment position: Q3 2020
2021-01-05
In the third quarter of 2020, the current account surplus amounted to CHF 9 billion, CHF 3 billion less than in the same quarter of 2019. This decline was particularly due to the lower receipts surplus in trade in goods and services. In the case of the goods trade, the decline was attributable to gold trading. This decrease was curbed by the expenses surplus for primary and secondary income, which decreased compared to Q3 2019.
FX Daily, November 11: Reduced Risk of Negative Policy Rates Lifts Sterling and the Kiwi
2020-11-11
Overview: Investors are trying to figure out the impact of the likelihood of a vaccine. One thing that has happened is that the market perceives less chance that the UK or New Zealand will adopt negative rates, and their respective currencies are adjusting higher. Meanwhile, the equity rally is continuing in Asia and Europe.
Romeo Lacher and Christoph Mäder nominated for election to the SNB Bank Council
2020-11-03
At its meeting today, the Bank Council of the Swiss National Bank decided to propose to the General Meeting of Shareholders of 30 April 2021 that Romeo Lacher and Christoph Mäder be elected to the SNB Bank Council for the remainder of the 2020–2024 term of office. Romeo Lacher is Chairman of the Board of Directors of Julius Baer Group Ltd. and Bank Julius Baer & Co. Ltd.
FINMA-Aufsichtsmitteilung 08/2020: LIBOR-Ablösung im Derivatebereich
2020-10-17
Die Eidgenössische Finanzmarktaufsicht FINMA empfiehlt den von der LIBOR-Ablösung betroffenen Beaufsichtigten, das neue Rückfallprotokoll der International Swaps and Derivatives Association (ISDA) frühestmöglich zu unterschreiben.
Swiss National Bank intervenes heavily to weaken Swiss franc
2020-10-13
Official data recently released by the Swiss National Bank (SNB) show it sold 51.5 billion Swiss francs while acquiring US dollar and euro-denominated assets in a bid to weaken the franc over the first quarter of 2020.
FX Daily, October 08: Markets Catch Collective Breath
2020-10-08
The S&P 500 and NASDAQ closed at their highest levels in around a month yesterday, recouping Tuesday’s presidential tweet-driven drop. We thought the market overreacted to the end of the fiscal talks as many had already recognized that a stimulus agreement was unlikely before the election, but the near round-trip seen in stocks and bonds was surprising.