Tag Archive: Featured

Greenback’s Sell-off may Stall Ahead of Powell Tomorrow

2023-01-09

Overview: Don't fight the Fed went the manta as the market took the US two-year yield back up to 4.50% in the aftermath of the FOMC minutes last week, the highest in over a month. The minutes warned of a premature easing of financial conditions. And then bam, softer than expected hourly earnings and a weak service PMI and bonds and stocks rallied, and the dollar was sold. This is a key part of the backdrop for this week, for which several Fed...

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How To Design Corporate Budget For A Growing Company

2023-01-09

by Blog Management

2023-01-09

The success of a business organization depends, to quite an extent, on the planning of resources. This planning keeps the business way above others. Budgeting, therefore, becomes a critical aspect of accounting. However, please keep in mind that financial planning in business is steeped in challenges because of the economic turmoil.

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Swiss central bank posts record CHF132 billion loss for 2022

2023-01-09

by Swissinfo

2023-01-09

The Swiss National Bank (SNB) has posted an annual loss of CHF132 billion ($143 billion) for 2022, the biggest in its 115-year history. “The loss on foreign currency positions amounted to around CHF131 billion and the loss on Swiss franc positions was around CHF1 billion. A valuation gain of CHF400 million was recorded on gold holdings,” the SNB said in a statement on Monday.

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Weekly Market Pulse: The Consensus Will Be Wrong

2023-01-09

by Joseph Y. Calhoun

2023-01-09

What’s your outlook for this year? I’ve heard that question repeatedly over the last month and if you’re reading this hoping I’ll let you have a peak at my crystal ball, you’re going to be disappointed. Because I don’t have a crystal ball and neither, I hasten to add, does anyone else in this business.

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