Category Archive: 1) SNB and CHF

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Strong Swiss franc could be over reckons currency strategist at UBS

2017-05-21

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2017-05-21

Tribune de Genève. After more than two years of a highly overvalued franc, relative to the euro, the currency should ease in the near term reckons Thomas Flury, senior currency strategist at UBS. He expects a euro to be worth 1.14 francs in 6 months and 1.16 within a year.

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Trump Comey “No”

2017-05-18

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Trump Speech

2017-05-17

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Swiss National Bank releases updated banknote app

2017-05-17

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2017-05-17

The Swiss National Bank (SNB) is releasing an app for mobile devices, designed to help the public familiarise themselves with the new banknotes. The app – an updated version of the ‘50-franc’ app launched last year to accompany the issue of the new 50-franc note – is now called ‘Swiss Banknotes’ and can be downloaded free of charge from the Apple (itunes.apple.com) and Google Play (play.google.com) app stores.

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Weekly SNB Interventions and Speculative Positions: More Interventions at higher Euro rate

2017-05-16

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2017-05-16

The pro-European politician Macron has won the French elections. His success moved the EUR/CHF up to 1.0980, mostly caused by FX speculators. But "serious" investors (not FX speculators) did not follow the political event, but focus on monetary policy. A ECB rate hike is very, very far, see why....

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New 20 Swiss franc note officially launched

2017-05-14

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2017-05-14

Old-Swiss-franc
The Swiss National Bank is the process of issuing new bank notes. A new 50 franc note hit the streets last year. Now it is the new 20 franc note’s turn. Officially launched today, it will enter circulation on 17 May 2017.

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SocGen: Beware The Ghost Of 1993

2017-05-12

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2017-05-12

The Vix is at its lowest level since 1993, Commodities and rates are dragging the AUD down
With Monday's financial media blasting reports about the VIX collapse to levels not seen in 24 years, going all the way back to 1993, it is worth remembering that the near record low volatility collapse of 1993 did not end well either for stocks, or for bonds, with the great 1994 bond tantrum. Reminding us of that, and of broader implications for the cross-asset space, is SocGen's Kit Juckes with his overnight note, "The ghost of 1993"

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A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017… It’s Not Enough

2017-05-11

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2017-05-11

Aggregate Balance Sheet Of Large Central Banks, 2000 - 2017
Two weeks ago Bank of America caused a stir when it calculated that central banks (mostly the ECB & BoJ) have bought $1 trillion of financial assets just in the first four months of 2017, which amounts to $3.6 trillion annualized, "the largest CB buying on record."

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Die neue 20-Franken-Note – Impressionen von der Präsentation

2017-05-11

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Dieser Film zeigt Impressionen von der Präsentation der neuen Schweizer 20-Franken-Note am 10. Mai 2017 in Bern. Fritz Zurbrügg, Vizepräsident des Direktoriums der Schweizerischen Nationalbank, und Thomas Wiedmer, stellvertretendes Mitglied des Direktoriums der Schweizerischen Nationalbank, stellen die wichtigsten Gestaltungsmerkmale und Sicherheitselemente der neuen Banknote vor.

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Weekly SNB Interventions and Speculative Positions: After French Elections

2017-05-10

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2017-05-10

SNB Sight Deposite, May 08
The centre-left politician Macron has won the French elections. His success moved the EUR/CHF up to 1.0960, mostly caused by FX speculators. But serious investors - i.e. not FX speculators - did not follow the political event. The SNB had to intervene for 1.6 bn francs.

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Swiss National Bank releases new 20-franc note

2017-05-10

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2017-05-10

Second ninth-series note showcases Switzerland’s creativity. The Swiss National Bank (SNB) will begin issuing the new 20-franc note on 17 May 2017. It is the second of six denominations in the new banknote series to be released. The current eighth-series banknotes will remain legal tender until further notice.

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Assemblea generale 2017 (traduzione simultanea in italiano)

2017-05-10

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Assemblea generale, 28.04.2017 00:00 Jean Studer, presidente del Consiglio di banca della Banca nazionale svizzera 32:40 Thomas Jordan, presidente della Direzione generale della Banca nazionale svizzera

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Assemblée générale 2017 (traduction simultanée en français)

2017-05-10

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Assemblée générale, 28.04.2017 00:00 Jean Studer, président du Conseil de banque de la Banque nationale suisse 32:40 Thomas Jordan, président de la Direction générale de la Banque nationale suisse

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Generalversammlung 2017 (Simultanübersetzung auf Deutsch)

2017-05-10

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Generalversammlung, 28.04.2017 00:00 Jean Studer, Präsident des Bankrats der Schweizerischen Nationalbank 32:40 Thomas Jordan, Präsident des Direktoriums der Schweizerischen Nationalbank

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Generalversammlung – Assemblée générale – General Meeting of Shareholders – Assemblea generale, 2017

2017-05-10

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Generalversammlung – Assemblée générale – General Meeting of Shareholders – Assemblea generale, 28.04.2017 00:00 Jean Studer, Präsident des Bankrats der Schweizerischen Nationalbank – Jean Studer, président du Conseil de banque de la Banque nationale suisse – Jean Studer, president of the Bank Council of the Swiss National Bank – Jean Studer, presidente del Consiglio di …

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“Mystery” Central Bank Buyer Revealed, Goes On Q1 Buying Spree

2017-05-08

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2017-05-08

Nikkei 225 vs. BoJ ETF Holdings 2011-2017
In the first few months of the year, a trading desk rumor emerged that even as institutional traders dumped stocks and retail investors piled into ETFs, a "mystery" central bank was quietly bidding up risk assets by aggressively buying stocks. And no, it was not the BOJ: while the Japanese Central Bank's interventions in the stock market are familiar to all by now, and as we reported last night on sessions when the "the BoJ comes in big, the...

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Digital Swiss Francs

2017-05-05

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2017-05-05

The Swiss National Bank held its annual general meeting of shareholders (web TV). In response to one of the questions posed by shareholders Thomas Jordan suggested (2:58–2:59) that possibly a digital Swiss Franc might be introduced sometime in the future.

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Gefühlskältester Event des Jahres: Die GV der grössten Zockerin aller Zeiten

2017-05-04

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2017-05-04

Swiss National bank bern
Wie jedes Jahr fand auch diese letzte Aprilwoche der wohl gefühlskälteste Grossanlass der Schweiz statt: die Generalversammlung der Schweizerischen Nationalbank (SNB) im alten Casino in Bern. Der Ort „altes Casino“ hätte nicht treffender gewählt sein können von der grössten Zockerin aller Zeiten.

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Weekly SNB Interventions and Speculative Positions: Interventions despite Positive Outcome in France

2017-05-03

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2017-05-03

SNB Sight Deposite, May 02
The centre-left politician Macron has won the French elections. He is a politician that - similar to Hollande four years ago - promises economic improvements, move investment, more jobs. Mostly probably he will fail similar to Hollande. His success moved the EUR/CHF up to 1.0865, mostly caused by FX speculators, but the SNB had to intervene.

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New 50 Swiss franc note wins international beauty contest

2017-04-29

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2017-04-29

The new 50 franc note, launched last year, was voted the best new bank note in 2016 by the International Bank Note Society, a society founded in 1961. Nearly 120 new banknotes were released worldwide in 2016. The Swiss 50 only narrowly beat the Maldive Islands 1000 Rufiyaa bill, Argentina’s 500 Peso jaguar, and the Royal Bank of Scotland’s 5 Pound first polymer note.

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