Category Archive: 1.) English Posts on SNB

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Central Banks Shiny New Tool: Cash-Escape-Inhibitors

2016-02-29

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2016-02-29

Submitted by JP Koning via Moneyness blog, Negative interests rates are the shiny new thing that everyone wants to talk about. I hate to ruin a good plot line, but they're actually kind of boring; just conventional monetary policy except in negative ...

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Are Central Banks Setting Each Other Up?

2016-02-22

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2016-02-22

Authored by Mark St.Cyr, There are times you try to connect the dots. There are others where those connections warrant adorning your trusted tin-foiled cap of choice; for you just can’t get there unless you do. This I believe is one of those time...

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Mcafee Privacy

2016-02-19

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Swiss Politicians Slam Attempts To Eliminate Cash, Compare Paper Money To A Gun Defending Freedom

2016-02-19

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2016-02-19

As we predicted over a year ago, in a world in which QE has failed, and in which the ice-cold grip of NIRP has to be global in order to achieve its intended purpose of forcing savers around the world to spend the taxed product of their labor, one thi...

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MXN Shorts Crushed After Mexican Central Bank Unexpectedly Hikes Rate By 50bps, Peso Soars

2016-02-17

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2016-02-17

It was already a torrid day for commodity currencies, among which the MXN, or Mexican Peso, which were surging on today's latest crude short squeeze and then as if pulling a PBOC with just one intention - to crush the shorts - the Mexican Central Ban...

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The Chinese Yuan Countdown Is On

2016-02-13

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2016-02-13

Submitted by SaxoBank's Dembik Christopher via TradingFloor.com, Currency stability is a prerequisite for China's economic transition Defending the yuan is prohibitively expensive – China cannot beat the market Progressive devaluation managed by PBoC...

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The Swiss National Bank Doubled Its Apple Holdings in 2015

In the spring of 2015 we showed something unexpected: one of the biggest buyers, and holders, of AAPL stock was none other than the already quite troubled - in the aftermath of its disastrous Swiss Franc peg which ended up costing it tens of billions...

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How Low Can The Bank Of Japan Cut Rates? Ask Gold

2016-02-03

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2016-02-03

As we noted last night, in what was the second clear example of sheer desperation by the Bank of Japan, the central banker formerly known as Peter Pan for his on the record belief that "he should fly", and as of this morning better known as Peter Pan...

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“Time To Panic”? Nigeria Begs World Bank For Massive Loan As Dollar Reserves Dry Up

2016-01-31

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2016-01-31

Having urged "don't panic" just 4 short months ago, it appears Nigeria just did just that as the global dollar short squeeze forces the eight-month-old government of President Muhammadu Buhari to beg The World Bank and African Development Bank for $3...

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Sweden Refugee

2016-01-31

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BoJ Adopts Negative Interest Rates, Fails To Increase QE

2016-01-29

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2016-01-29

Well that did not last long. After initial exuberance over The BoJ's wishy-washy decision to adopt a 3-tiered rate policy including NIRP, markets have realized that without further asset purchases (which were maintained at the current pace), there is...

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Swiss Franc Plunges To One-Year Lows Amid SNB Intervention Chatter

2016-01-26

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2016-01-26

With the biggest drop in 3 months, EURCHF has broken above last September's highs, plunging below 1.06. Amid chatter of SNB intervention, this is the weakest Swissy has been since the removakl of the ceiling a year ago. EURCHF reached  1.10592... ...

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Cashin Fed

2016-01-15

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Global Risk Off: China Reenters Bear Market, Oil Tumbles Under $30; Global Stocks, US Futures Gutted

2016-01-15

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2016-01-15

   "We're gonna need a bigger Bullard"     - overheard on a trading desk this morning. Yesterday, when looking at the market's "Bullard 2.0" moment, which was a carbon copy of the market's kneejerk surge higher response to Bullard's "QE4" comments fr...

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ISIS Bank Bombed

2016-01-13

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Nigerian Currency Collapses After Central Bank Halts Dollar Sales To Stall “Hyperinflation Monster”

2016-01-12

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2016-01-12

Having told banks and investors "don't panic" in September, amid spiking interbank lending rates and surging default/devaluation risks, it appears the massive shortage of dollars that we warned about in December has washed tsunami-like ashore in oil-...

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Why The Powerball Jackpot Is Nothing But Another Tax On America’s Poor

2016-01-12

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2016-01-12

Now that the Powerball Jackpot has just hit a record $1.4 billion, people, mostly those in the lower and middle classes, are coming out in droves and buying lottery tickets with hopes of striking it rich. After all, with $1.4 billion one can ...

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Williams We Got It Wrong

2016-01-10

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Libya

2016-01-06

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Fisher Fed At Fault

2016-01-05

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