Tag Archive: central-banks

Ed Steer Gold And Silver – We Ain’t Seen Nothing Yet!

2022-10-05

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2022-10-05

Our guest this week is Ed Steer, expert gold and market analyst and author of the Gold & Silver Digest. We invited Ed onto GoldCore TV to get his take on what is concerning him most in financial markets, movements in SLV and sanctions against Russia. He also draws our attention to central bank purchases of gold.

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CHF traders – heads up for a SNB speaker Wednesday, 5 October 2022 – Maechler

2022-10-05

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2022-10-05

Swiss National Bank monetary policymaker Andrea Maechler is speaking at 1130 GMT, at an event titled: After the interest rate change: high inflation, rising interest. How will it affect the Swiss economy?

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SNB’s Maechler: Rising rates was intended to send a clear signal on inflation

2022-09-27

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2022-09-27

Rising rates was intended to send a clear signal on inflation

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Swiss National Bank meet this week – Goldman Sachs says “We are bullish on the CHF”

2022-09-22

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2022-09-22

Goldman Sachs maintains a bullish bias on CHF going into this week's SNB policy meeting.

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Swiss National Bank monetary policy meeting preview

2022-09-21

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2022-09-21

The SNB announcement is due on Thursday at 0730 GMT. -This in brief via Standard Chartered:expect SNB to hike by 100bpStan Chart were at +50bp but have ramped their expectation much higher.

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Swiss National Bank meet this week, a 100bp rate hike on the table – CHF impact

2022-09-19

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2022-09-19

The SNB policy decision is due on Thursday. Via MUFG Bank:CHF has been the top performing G10 currency so far this month as it has strengthened sharply against both the EUR (+2.2%) and USD (+1.5%). It has regained upward momentum against our equally-weighted basket of other G10 currencies after a period of consolidation at higher levels between July and August.

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Week Ahead Preview: FOMC is the highlight

2022-09-19

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2022-09-19

MON: Japanese Respect for the Aged Day; EZ Construction Prices (Jul), Canadian Producer Prices (Aug), German Producer Prices (Aug). TUE: Chinese LPR, Riksbank Policy Announcement, RBA Minutes (Sep); Japanese CPI (Aug), EZ Current Account (Jul), US Building Permits/Housing Starts (Aug), Canadian CPI (Aug).

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We Didn’t Print Money… Honest We Didn’t And More Baseless ClapTrap from Central Banks

2022-09-10

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2022-09-10

One of the reasons people choose to invest in gold bullion or to buy silver coins is because they are simple and they are finite; basically the opposite of fiat currency. The complexity of fiat-driven markets and infinite possibilities to create money works to the advantage of central banks.

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BOC’s Rogers: We are not where we were in July, but a long way from where we need to be

2022-09-10

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2022-09-10

Bank of Canada's Senior Deputy Gov. Carolyn Rogers: We are not where we were in July, but we are a long way from where we need to be.

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More from SNB’s Jordan: No comment on currency invention. We don’t rule anything out

2022-09-09

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2022-09-09

SNB Chairman Jordan speaks to media during a news conference in Bern
Looks at series of models to gauge Swiss francs value; market has to live with some volatility, no comment on currency intervention.

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SNB’s Jordan: We must ensure price stability over medium-term

2022-09-09

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2022-09-09

SNB's Jordan is on the wires after the ECB hike rates by 75 basis points today: ECB 75 basis point rate hike not fully surprising.

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FX intervention watch – Swiss National Bank edition – too early for the CHF

2022-09-09

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2022-09-09

This via the folks at eFX. Credit Agricole CIB Research argues that it would be premature for the SNB to resume its intervention against CHF strength around current levels.

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When markets forget that Central Banks cannot fix the world with interest rates

2022-09-04

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2022-09-04

It would be easy for those who have decided to buy gold and silver bullion to lose heart over the precious metals, had they seen how prices reacted to Chairman Powell’s comments, last week.

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Swiss National Bank President Jordan warned of persistently higher inflationary pressure

2022-08-30

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2022-08-30

Swiss National Bank President Thomas Jordan spoke at the Federal Reserve’s annual Jackson Hole symposium on Saturday.“Structural factors such as the transition to a greener economy, rising sovereign debt worldwide, the demographic transition and ultimately also the fact that globalization appears to have peaked -- at least temporarily -- could lead to persistently higher inflationary pressure in the coming years”

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Newsquawk Week Ahead – Highlights: US jobs report, ISM; China PMIs; EZ inflation

2022-08-27

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2022-08-27

The US jobs report and ISM data will be key in shaping expectations for the September 21st FOMC meeting. MON: EU Defence Ministers Meeting (1/2), UK Summer Bank Holiday; Australian Retail Sales (Jul), Swedish Trade Balance (Jul).

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Heads up for ECB, SNB, BoK speakers over the weekend

2022-08-26

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2022-08-26

On Saturday at the Jackson Hole symposium there will be speakers from the European Central Bank, Swiss National Bank and Bank of Korea.

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EUR/CHF forecast to 0.93 (Swiss National Bank to hike rates in September and December)

2022-08-23

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2022-08-23

"We expect the SNB to hike by 50bp again in September and December to curtail underlying inflation pressures bringing the policy rate to 0.75%. With the SNB broadly following the ECB, we see relative rates as an inferior driver for the cross," Danske notes.

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Ep 38 – Jp Cortez: Fighting for Sound Money

2022-08-10

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2022-08-10

Jp Cortez of the Sound Money Defense League joins Keith and Ben on the Gold Exchange Podcast to talk about problems with central planning, the morality of sound money, which states are topping the Sound Money Index and why, and what you can do to support grass roots initiatives in the fight for sound money.

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Inflation is now out of the control of central banks

2022-07-01

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2022-07-01

One of the reasons people decide to buy gold bullion or add silver coins to their portfolio is because they cannot be devalued. No one can suddenly decide to print more gold or silver! Sadly, this is exactly what happens with currencies around the world. And the last two decades have been prime examples of this.

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Goldman Sachs “Reverse Currency Wars” thesis, forecast EUR/CHF as low as 0.95

2022-06-23

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2022-06-23

Goldman Sachs discusses CHF outlook and maintains a bullish bias over the medium-term.

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