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Swiss Consumer Price Index in January 2018: Unchanged YoY, -0.1 MoM

Switzerland Consumer Price Index (CPI) YoY, Jan 2018
Author: Swiss Statistics
Categories: Swiss and European Macro

The consumer price index (CPI) fell by 0.1% in January 2018 compared with the previous month, reaching 100.7 points (December 2015=100). Inflation was 0.7% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).

FX Daily, February 12: Equity Markets Find Firmer Footing, Dollar Softens

FX Daily, February 12: Equity Markets Find Firmer Footing, Dollar Softens
Author: Marc Chandler
Categories: FX Trends

The most important development today has been the stability in the equity markets after last week's meltdown. The recovery from new lows in the US before the weekend set the tone for today's moves. Tokyo markets were on holiday, and the MSCI Asia Pacific Index excluding Japan snapped a seven-day slide with a nearly 0.6% gain.

Weekly Technical Analysis: 12/02/2018 - USD/JPY, EUR/USD, GBP/USD, WTI Oil Futures, USD/CHF

USD/CHF, February 12
Author: Raffi Boyadjian
Categories: FX Trends

The USDCHF pair trading settles below the previously broken support that appears in the image, while stochastic provides negative overlapping signal on the four hours time frame, which supports the continuation of our bearish trend expectations in the upcoming sessions, reminding you that our next target at 0.9254.

FX Weekly Preview: Recovering from Too Much of a Good Thing?

FX Weekly Preview: Recovering from Too Much of a Good Thing?
Author: Marc Chandler
Categories: FX Trends

Too much of a good thing is bad. That, in a nutshell, is an important insight that Hyman Minsky offered about the financial sector, but has broader application. The low volatility that has been a characteristic of the capital markets for the past few years spurred financial innovation to profit from it.

Emerging Markets: The Week Ahead

Emerging Markets: The Week Ahead
Author: Win Thin
Categories: Emerging Markets

EM FX ended Friday on a mixed note, as risk assets recovered a bit from broad-based selling pressures. Best EM performers on the week were ZAR, PHP, and CNY while the worst were COP, RUB, and ARS. Besides the risk-off impulses still reverberating through global markets, we think lower commodity prices are another headwind on EM.

Chinese textile firm buys luxury Bally brand

Chinese textile firm buys luxury Bally brand
Author: Swissinfo
Categories: Swiss Markets and News

Luxury shoemaker Bally, which was founded in Switzerland in 1851, has again changed hands. China’s Shandong Ruyi has agreed to buy a controlling stake in the firm from Luxembourg-based JAB Holding, the companies said on Friday. “This is an important milestone for Shandong Ruyi Group in our enterprise to become a global leader in the fashion apparel sector,” Yafu Qiu, Chairman of Shandong Ruyi Groupexternal link, said in a statement.