Category Archive: 1) SNB and CHF
SNB Results: Big Win After Big Loss in Q4 2018
The Swiss National Bank reports a profit of CHF 30.7 billion for the first quarter of 2019. The profit on foreign currency positions amounted to CHF 29.3 billion. A valuation gain of CHF 0.9 billion was recorded on gold holdings. The profit on Swiss franc positions was CHF 0.6 billion.
Read More »
Read More »
Pound hits best rate to buy Swiss francs in 6 weeks
The pound is now trading close to a 6 week high to against the Swiss franc which has come as welcome news to the Swiss central bank. Swiss policy makers appear to favour a weaker currency as they aim to control low inflation. Inflation in Switzerland has remained below 1% for quite a while even though interest rates have remained in a negative territory.
Read More »
Read More »
Pound to Swiss Franc rates: UK housing price growth hits 6 year low
We have seen a fairly stagnant market following the Brexit extension until 31st October. Although a key factor on GBP/CHF economic date releases will now gain back some of their impact. Yesterday saw the ease of House Price Growth data and figures dropped to a six year low. The average house price of across the UK grew by 0.6%, but property prices in the capital fell by 3.8%.
Read More »
Read More »
What happens next on GBP/CHF exchange rates?
The pound to Swiss franc exchange rate has been rather volatile, oscillating in a tight range between 1.2942 and 1.3336 in the last month. There is an expectation that we could see the pound losing further ground with the market bracing for worse news in the future for sterling.
Read More »
Read More »
SNB-Aktie: Goldgrube oder Fettnäpfchen?
Das Bundesgesetz über die Nationalbank (Nationalbankgesetz, NBG) besagt in Artikel 25: „Das Aktienkapital der Nationalbank beträgt 25 Millionen Franken. Es ist eingeteilt in 100’000 Namenaktien mit einem Nennwert von je 250 Franken. Die Aktien sind vollständig liberiert.“ Und in Artikel 31 Absatz 1 steht: „Vom Bilanzgewinn wird eine Dividende von höchstens 6 Prozent des Aktienkapitals ausgerichtet.“
Read More »
Read More »
Towards A Globalist Utopia: “Negative Rates Are Coming, Whether You Like It Or Not”
There is nothing that a human mind can’t conceive. It can shoot for the stars or dive in the ocean which twinkles in the shadows of stars and ascend back with sparkling mind bearing uncanny ambition only to float contended. Today, we live in fear of losing wealth, we worry what economic consequences would do to our cash, we look through a microscope and scrutinize every word, every policy, every regulation or find something to put above ‘every’ and...
Read More »
Read More »
Pound to Swiss Franc forecast: Will the GBP/CHF rate drop below 1.30?
There is a very strong likelihood that the pound to Swiss franc exchange rate might slip should Theresa May find herself in trickier waters ahead as she attempts to negotiate an extension on the Brexit deadline this week. Pound to Swiss franc exchange rates could easily slip below 1.30, particularly since the Franc is a safe haven currency that can strengthen in times of economic uncertainty.
Read More »
Read More »
FINMA’s role – Chris Dabbs Voiceover Artist
A recent voiceover for the Swiss financial regulator FINMA – CHRIS DABBS Voiceover Artist – www.cdvoiceovers.com
Read More »
Read More »
GBP to CHF weakness after no majority for alternative Brexit
The pound to Swiss franc exchange rate still struggles to push higher amidst global uncertainty and the pressing issue of Brexit. The Swiss franc maintains the higher ground with its safe haven status amidst concerns of a global slowdown, the effects of which are already being seen across China and the EU.
Read More »
Read More »
Dépossession. Des politiques monétaires mortifères…
L’économie du pays est promise à un effondrement. Il suffit pour s’en convaincre de voir la quantité de surfaces commerciales disponibles. En Suisse, près de 1200 entreprises ont fait faillite entre janvier et février! L’information du jour est un non-évènement, puisque annoncé de longue date sur ce site. Par ailleurs, elle ne semble intéresser personne à Berne, dans les « agglomérations », ou autres »Régions ».
Read More »
Read More »
Pound to Swiss Franc Forecast – Will GBP/CHF rates rise or fall on Brexit?
The Brexit date of 29th March has been delayed to the 12th April or the 22nd May as the EU provide a lifeline to the UK to help them avoid a no-deal scenario. This has helped the pound to rise and has provided some of the best rates to buy Swiss Francs in many months.
Read More »
Read More »
Swiss Balance of Payments and International Investment Position: Q4 2018 and whole 2018
The current account surplus for 2018 was CHF 71 billion, CHF 26 billion more than in the previous year, an increase by over 50%.
Read More »
Read More »
Pound falls against the Swiss franc owing to third meaningful vote uncertainty
The pound has once again felt the impact of the uncertainty caused by Brexit and the pound has fallen against the Swiss franc during yesterday afternoon’s trading session. We are now just over a week away from when the UK is due to leave the European Union and the latest update is that the EU will allow an extension until the end of June if Theresa May can get her deal backed in the next few days.
Read More »
Read More »
Monetary policy assessment of 21 March 2019
The Swiss National Bank is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration.
Read More »
Read More »
2019-03-21 – Publication of the 2018 Annual Report
The 2018 Annual Report of the Swiss National Bank is published on the SNB website (www.snb.ch).
Read More »
Read More »
Rothschilds To Take Swiss Bank Private In 100 Million Francs Bid
Benjamin de Rothschild’s family plans to take Swiss Bank Edmond de Rothschild (Suisse) S.A. private as it consolidates and simplifies the bank's legal structure. According to Bloomberg, Edmond de Rothschild Holding SA will acquire all publicly held Edmond de Rothschild (Suisse) bearer shares at 17,945 francs per share, a 6.7% premium to Tuesday’s closing price, in a deal worth about $100 million.
Read More »
Read More »
Pound to Swiss Franc Forecast: GBP/CHF rate hits near 1-year high
It is now very close to the best time to buy Swiss Francs with pounds since May 2018. The stronger pound and a reduced global risk appetite has seen the move on the GBP/CHF pairing. This is presenting a much improved opportunity to buy Swiss Francs with pounds. Any client wishing to buy or sell on this pairing might benefit from a quick review with our team to best understand what is next, and the potential outcomes.
Read More »
Read More »
1000-Franc Note Enters Circulation Today
Issuance of the new 1000-franc note presented a week ago begins today, 13 March. The Swiss National Bank’s ‘Swiss Banknotes’ app has now been updated to include the new note. The app, which has been downloaded some 110,000 times, can be obtained free of charge from the Apple (itunes.apple.com) and Google Play (play.google.com) app stores.
Read More »
Read More »
Swiss National Bank releases new 1000-franc note
The Swiss National Bank (SNB) will begin issuing the new 1000-franc note on 13 March 2019. Following the 50, 20, 10 and 200-franc notes, this is the fifth of six denominations in the new banknote series to be released. The current eighth-series banknotes remain legal tender until further notice.
Read More »
Read More »
Die neue 1000-Franken-Note: Präsentation – Le nouveau billet de 1000 francs: présentation
Dieser Film zeigt Impressionen von der Präsentation der neuen Schweizer 1000-Franken-Note am 5. März 2019 in Zürich. Fritz Zurbrügg, Vizepräsident des Direktoriums der Schweizerischen Nationalbank, stellt die wichtigsten Gestaltungsmerkmale und Sicherheitselemente der neuen Banknote vor. - Ce film donne quelques impressions de la présentation du nouveau billet de 1000 francs qui a eu lieu le 5 mars 2019. Fritz Zurbrügg, vice-président de la...
Read More »
Read More »