Monthly Archive: May 2022

Interim results of the Swiss National Bank as at 31 March 2022

2022-05-03

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2022-05-03

Income statement, 1 January–30 March 2022
The Swiss National Bank reports a loss of CHF 32.8 billion for the first quarter of 2022. The loss on foreign currency positions amounted to CHF 36.8 billion. A valuation gain of CHF 4.2 billion was recorded on gold holdings. The profit on Swiss franc positions was CHF 10.6 million.

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Rising prices put pressure on Swiss consumers and industry

2022-05-03

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2022-05-03

Consumers in Switzerland are much more pessimistic about the general economic situation, with households feeling the strain as prices continue to rise, a new survey shows.

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Weekly Market Pulse: Welcome Back To The Old Normal

2022-05-03

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2022-05-03

Stagflation. It’s a word that strikes fear in the hearts of investors, one that evokes memories – for some of us – of bell bottoms, disco, and Jimmy Carter’s American malaise. The combination of weak growth and high inflation is the worst of all worlds, one that required a transformational leader and a cigar-chomping central banker to defeat the last time it came around.

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The Euro Continues to Stuggle to Sustain Even Modest Upticks, but Specs Still Long in the Futures

2022-05-02

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2022-05-02

Overview: The US dollar begins the new week on a firm note ahead of the mid-week conclusion of the FOMC meeting.  Many centers are closed for the May Day holiday, making for thinner market conditions.  Equities are mostly lower in the markets that traded today.  This includes Japan, South Korea, Australia, and India in the Asia Pacific. 

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May 2022 Monthly

2022-05-01

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2022-05-01

The general contours of the business and investment climate are being shaped by three forces.  First, Russia's invasion of Ukraine and the sanctions boost price pressures and slow growth.

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1991: When America Tried to Keep Ukraine in the USSR

2022-05-01

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2022-05-01

The US government today likes to pretend that it is the perennial champion of political independence for countries that were once behind the Iron Curtain. What is often forgotten, however, is that in the days following the fall of the Berlin Wall, Washington opposed independence for Soviet republics like Ukraine and the Baltic states.

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Tips for cutting energy bills

2022-05-01

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2022-05-01

As the prices of fossil fuels skyrocket and further supply and price uncertainty looms, many are seeking ways to cut the amount they spend on home energy. A publication by the Swiss Federal Office of Energy (SFOE) shows where savings can be made.

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