Monthly Archive: February 2021

FX Daily, February 1: Markets Snap Back

2021-02-01

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2021-02-01

Global equities are snapping back today, while the greenback retained the strength seen last week that was attributed to safe-haven flows. The MSCI Asia Pacific Index snapped a four-day decline led by Hong Kong, South Korea, India, and Indonesia.

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Is the grass greener outside the EU?

2021-02-01

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2021-02-01

Britain argues that Brexit will make British agriculture greener. SWI Swissinfo.ch looks at how successful EU agricultural policies have been, and how they compare with Switzerland’s approach.  

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UBS Multibanking available to corporate clients throughout Switzerland

2021-02-01

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2021-02-01

UBS has successfully completed the pilot phase of its new multibanking function and is now gradually rolling out the offering across Switzerland. UBS Multibanking will now also give SMEs full transparency over all their accounts and allow them to execute payments debited from accounts with third-party banks directly in UBS E-Banking.

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Swiss Retail Sales, December 2020: 3.5 percent Nominal and 4.7 percent Real

2021-02-01

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2021-02-01

Switzerland Retail Sales YoY, December 2020
Retail trade turnover adjusted for sales days and holidays showed nominal growth of 3.5% in December 2020 compared with the same month of the previous year. Seasonally adjusted, nominal turnover grew by 2.2% compared with the previous month. Despite the impact of the Covid-19 pandemic on the whole of 2020, provisional results show nominal growth of 0.1%.

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Silver Swans, Maginot Lines and the Unforeseen Risks of Collapse

2021-02-01

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2021-02-01

Our Nobility's assessment of risk and their war-gaming of vulnerabilities are fatally deficient. Many people have heard of Nassim Taleb's black swan but fewer understand how few events qualify as black swans. Per Wikipedia, a black swan is an unpredictable or unforeseen event, typically one with extreme consequences, an event that is beyond what is normally expected of a situation and has potentially severe consequences.

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