Category Archive: 1) SNB and CHF

Monetary policy assessment of 19 September 2019

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Schweizerische Nationalbank – Weshalb die SNB ihre Munition nicht verpulvern wird

Noch vor wenigen Wochen galt es am Markt bereits mehrheitlich als ausgemacht, dass die Schweizerische Nationalbank am Donnerstag den Leitzins von minus 0,75 Prozent auf minus 1 Prozent weiter absenken wird. Ich konnte die Marktmeinung nie nachvollziehen. Der Wind hat nun tatsächlich gedreht. Eine weitere Absenkung der Zinsen scheint nun so gut wie ausgeschlossen.

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Morgan Stanley forecasts a surprise 25 basis point cut from the SNB

The Swiss National Bank needs to respond to the strong currency and lower rates from the ECB, according to Morgan Stanley. The consensus for Thursday's meeting is no change from -0.75% but Morgan Stanley and UBS are two firms that are forecasting a surprise 25 bps cut.

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CHF/JPY: Eyes on central banks and geopolitics

This week the BoJ will hold its regular policy meeting. Global uncertainty, linked to the trade war and Brexit, has strengthened the value of the Swiss franc and Yen. CHF/JPY is struggling to maintain the upside as the Yen picks up a safe haven bid, anchored on geopolitical developments following a textbook risk-off response in global financial markets following the strike on Saudi Arabia’s oil facilities over the weekend.

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EUR/JPY rallies the hardest vs EUR/CHF as CHF/JPY spikes following ECB

EUR/JPY rallies hard following hawkish ECB cut and trade war optimism. EUR/JPY tracking positive sentiment in financial and commodity markets. While the trade war tensions seem to be easing, with stocks climbing and risk appetite returning in droves to financial and commodity markets, EUR/JPY is up 0.79% on the US session so far following what has been perceived as a hawkish rate cut from the European Central Bank earlier today.

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Since 2014, European Banks Have Paid €23 Billion To The ECB… And Now Face Disaster

Earlier this morning, there was an added wobble in European bond prices after an unconfirmed MNI report said the ECB could delay the launch of QE on Thursday and make it data dependent. While skeptics quickly slammed the story, saying it was just a clickbait by MarketNews...

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100-franc note enters circulation today

SNB banknote app with information on all new denominations. Issuance of the new 100-franc note presented a week ago begins today, 12 September. The complete version of the Swiss National Bank’s ‘Swiss Banknotes’ app is now also available. It has been updated to include the 100-franc note and features information on all six new denominations.

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FINMA establishes new rules for Libra in Switzerland

Libra asked for clarity and FINMA delivered. New guidelines are out for stablecoins as Facebook’s Libra currency tries to gain momentum in Switzerland. Subscribe to our YouTube channel: https://www.youtube.com/c/CNNMoneySwitzerlandTV Subscribe to our Newsletter: http://bit.ly/cnnmsnewsletter Watch us live on TV: https://bit.ly/wheretowatchus More videos can be watched on our website: https://www.cnnmoney.ch/

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CHF is ‘not strong in real terms’ – no need for SNB intervention

A note from Standard Chartered on the Swiss National Bank and the Swiss franc. The SNB monetary policy meeting is next week, September 19.In brief, Stan Chart argue the franc is not strong in real termsadjusting EUR/CHF for inflation leaves CHF around 10% weaker than (non-adjusted) current spotno need for SNB to intervene to try to weaken ittherefore the SNB is not likely to cut rates at their meeting, nor intervene in forex markets in the near...

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Finma formuliert Anforderungen an Facebook-Währung Libra

Donnerstag, 12. September 2019 Finma formuliert Anforderungen an Facebook-Währung Libra | Sky Schweiz Finance Die Facebook-Währung Libra könnte in der Schweiz nur mit Bewilligung der Eidgenössischen Finanzmarktaufsicht Finma umgesetzt werden. Die Finma hat nun am Mittwoch nach einer Anfrage der Libra Association mit Sitz in Genf erste Hinweise zu den Anforderungen des Projekts gegeben. Ein …

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CoinGeco TrustScore 2.0, Coinbase IEO, FINMA i stablecoiny, Mastercard R3 – Krypto-Newsy #155

#bitcoin #blockchain #kryptowaluty [1:29]Chiny likwidują ICO – https://cointelegraph.com/news/chinese-police-reportedly-close-office-of-ico-startup [2:34]Joe Lubin dołącza do Hyperledgera – https://www.coindesk.com/ethereum-co-founder-joe-lubin-joins-hyperledger-board [4:00]Telefon od PundiX – https://www.coindesk.com/pundixs-blockchain-phone-is-now-called-bob-and-its-coming-soon [5:19]Coingecko i Trust Score 2.0 –...

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#CryptoCorner: FINMA Publishes Guidelines Pertaining to Stablecoins and Libra, Coinbase Considering

Source: https://www.spreaker.com/user/investorideas/cryptocorner-finma-publishes-guidelines-_1 #CryptoCorner: FINMA Publishes Guidelines Pertaining to Stablecoins and Libra, Coinbase Considering Initial Exchange Offering

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App “Swiss Banknotes” – Application “Swiss Banknotes” – ‘Swiss Banknotes’ app

Entdecken Sie die neue 100-Franken-Note mit der SNB-App "Swiss Banknotes". - Découvrez le nouveau billet de 100 francs avec l'application "Swiss Banknotes" de la BNS. - Discover the new 100-franc note with the SNB's banknotes app. - Scoprite la nuova banconota da 100 franchi con l'App per banconote della BNS. Weitere Informationen: - Informations complémentaires: - Further information: - Ulteriori informazioni:...

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App “Swiss Banknotes” – Application “Swiss Banknotes” – ‘Swiss Banknotes’ app

Entdecken Sie die neue 100-Franken-Note mit der SNB-App “Swiss Banknotes”. – Découvrez le nouveau billet de 100 francs avec l’application “Swiss Banknotes” de la BNS. – Discover the new 100-franc note with the SNB’s banknotes app. – Scoprite la nuova banconota da 100 franchi con l’App per banconote della BNS. Weitere Informationen: – Informations complémentaires: …

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Negativzinsen – Resultat des chaotischen SNB-Konzepts

Nach der Freigabe der Wechselkurse zu Beginn der 1970er Jahre bestand das geldpolitische Konzept der SNB in sogenannten „Geldmengenzielen“. Es wurde für das kommende Jahr ein Geldmengenziel angestrebt in der Meinung, so die Inflation unter Kontrolle zu halten. Trotzdem: Die Inflation hüpfte damals aufgrund der Angebotsschocks nach Belieben rauf und runter und die SNB schaute konsterniert zu.

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EUR/CHF technical analysis: Break out or fake out?

The cross needs to hold above the 1.0970s and beyond the 25th July swing lows. To the downside, a break back below the prior descending resistance will spell bad news for the bulls. EUR/CHF has been running higher of late, despite the onset of the European Central Bank - a possible buy the rumour sell the fact scenario as the less committed euro shorts are squeezed.

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Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, SIAF, UZH, 06.09.2019

Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, Swiss Institute of International Studies (SIAF), University of Zurich, 06.09.2019 00:00 Introduction by Martin Meyer, President of the Board, SIAF 08:25 Discussion with Jerome Powell, Fed Chair, and Thomas Jordan, SNB Governor 40:55 Questions and answers

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Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, SIAF, UZH, 06.09.2019

Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, Swiss Institute of International Studies (SIAF), University of Zurich, 06.09.2019 00:00 Introduction by Martin Meyer, President of the Board, SIAF 08:25 Discussion with Jerome Powell, Fed Chair, and Thomas Jordan, SNB Governor 40:55 Questions and answers

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SNB Jordan: Cannot say how long negative interest rates will last

SNBs Jordan on the wiresThe Swiss national banks Jordan is on the wires saying:He cannot say how long negative interest rates will lastNegative rates are necessary for nowInterest rate spreads like important role for exchange ratesThe USDCHF is trading higher today. It currently trades at 0.9861.

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Swiss Regulator FINMA Licenses Two New Blockchain Companies, Reaffirming Strict Approach to AML Law

FNMA, the Swiss Financial Market Supervisory Authority, bolsters its fight against money laundering by employing two new blockchain companies on their side. Here are the latest news regarding its new partners, updates and other info. Tune in for today’s Cryptocurrency and Blockchain news, updates, and more! »Check in for daily news, updates, and stories on …

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