Tag Archive: Featured

FX Daily, January 6: High Drama Weighs on the Greenback and Lifts Yields

2021-01-06

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2021-01-06

Overview:  One of the two Georgia Senate contests remains too close to call, but the market appears to be pricing in a Democrat sweep.  The 10-year yield has punched above 1% but has offered the greenback little support.  Yesterday, the dollar-bloc currencies rose to highs since early Q2 2018 and are extending those gains today. 

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Die blaue Welle bringt ein Investment-Signal ️

2021-01-06

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? JETZT zum Jahresausblick anmelden https://attendee.gotowebinar.com/register/3554022214662179597?source=YT Auch das Börsenjahr 2021 wird noch im Zeichen von COVID19 stehen. Neben dem verlängerten Lockdown in Deutschland steigen die Todeszahlen in den USA wieder deutlich an. Israel befindet sich in der dritten Welle und die hohe Anzahl an Impfungen hat davor nicht geschützt. Die Verfügbarkeit von hocheffizienter Impfstoffe nährt die Hoffnung auf...

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Covid-19 drives new car sales down to historic low

2021-01-06

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2021-01-06

The Swiss automobile industry registered its worst result in over 40 years, as the number of new cars hitting the road in 2020 fell by a quarter compared to the previous year.

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Covid: fast-spreading UK strain detected in seven Swiss cantons

2021-01-06

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2021-01-06

Laboratory confirmed cases, January 6
The fast spreading strain of the SARS-CoV-2 virus discovered in the UK has now been detected in seven Swiss cantons, according to the Federal Office of Public Health (FOPH), reported RTS.

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Seizing The Dirt Shirt Title

2021-01-06

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2021-01-06

China PMI, 2010-2020
In mid-December 2019, before the world had heard of COVID, China’s Central Economic Work Conference had released a rather startling statement for the world to consume. In the West, everything was said to be on the up. Central banks had responded, forcefully, many claimed, more than enough to deal with that year’s “unexpected” globally synchronized downturn.

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The Coming War on Wealth and the Wealthy

2021-01-06

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2021-01-06

The Fruit of Financialization
Here's looking at you, Federal Reserve--thanks for perfecting 'legalized looting' and neofeudalism in America.

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Swiss balance of payments and international investment position: Q3 2020

2021-01-05

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2021-01-05

Current Account Q3 2018-Q3 2020
In the third quarter of 2020, the current account surplus amounted to CHF 9 billion, CHF 3 billion less than in the same quarter of 2019. This decline was particularly due to the lower receipts surplus in trade in goods and services. In the case of the goods trade, the decline was attributable to gold trading. This decrease was curbed by the expenses surplus for primary and secondary income, which decreased compared to Q3 2019.

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Immigration Zuwanderung in die Schweiz – Mehr Probleme oder mehr Wohlstand?

2021-01-05

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2021-01-05

Wanderung aus EU- und EFTA-Staaten
The Swiss automobile industry registered its worst result in over 40 years, as the number of new cars hitting the road in 2020 fell by a quarter compared to the previous year.

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Errors made managing pandemic, admits new Swiss president

2021-01-05

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2021-01-05

According to RTS, Guy Parmelin, Switzerland’s president since 1 January 2021, told the newspaper SonntagsBlick, that between July and September the government underestimated the pandemic.

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Reflections Over 2020

2021-01-05

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2021-01-05

Wow, it has been a heckuva year! One thought leads to another on this sunny-but-cool January 1. Having watched a few seasons of Forged in Fire, I’ve gained an appreciation of how difficult it is to pound and grind a lump of steel into a blade, even with power tools. There are many ways for it to go wrong.

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Covid: 9,665 new cases over 4 days in Switzerland

2021-01-05

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2021-01-05

Daily New Cases in Switzerland, January 4
Over the 4 days to 4 January 2020, Switzerland’s Federal Office of Public Health (FOPH) reported  9,665 new cases and 189 deaths bringing Switzerland’s Covid-19 death toll to 7,831 (confirmed 7,271). 

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OECD should focus on climate crisis and inequality, says Hildebrand

2021-01-04

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2021-01-04

Former Swiss National Bank Chairman Philipp Hildebrand
Former Swiss National Bank Chairman Philipp Hildebrand has been nominated by Switzerland to lead the Organisation for Economic Cooperation and Development (OECD), whose Secretary General Angel Gurria is leaving in May 2021.

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SMART BOURSE – L’invité de la mi-journée : Thomas Costerg (Pictet WM)

2021-01-04

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Lundi 4 janvier 2021, SMART BOURSE reçoit Thomas Costerg (Économiste sénior US, Pictet WM)

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FX Daily, January 04: Rising Equities and Slumping Dollar Greet the New Year

2021-01-04

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2021-01-04

Overview:  The first day of the New Year, but it feels a lot like last year.  The dollar is under pressure, and equities are higher.  Outside of Japan and Malaysia, The MSCI Asia Pacific Index extended last week's 3.6% gain. It has not rallied for seven consecutive sessions.

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January Monthly

2021-01-04

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2021-01-04

It might not feel like a New Year, as the pandemic continues to ravage most countries. On top of the human toll, the economic fallout will continue to depress activity in the first part of 2021.  However, policymakers throughout the G7 provided more stimulus in late 2020 and extended many emergency facilities well into the New Year.

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2020 Was a Snack, 2021 Is the Main Course

2021-01-04

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2021-01-04

One of the dishes at the banquet of consequences that will surprise a great many revelers is the systemic failure of the Federal Reserve's one-size-fits-all "solution" to every spot of bother: print another trillion dollars and give it to rapacious financiers and corporations.

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“The real danger comes from massive state dependence”

2020-12-30

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2020-12-30

INTERVIEW WITH H.S.H. PRINCE MICHAEL OF LIECHTENSTEIN – Part I of II As we’re preparing to leave 2020 behind, a year that will most likely feature prominently in future history books, it is hard to look back on all that has happened without a sense of apprehension and uncertainty over what lies ahead. A lot has changed, economically, socially and politically, and those changes and challenges are unlikely to subside in the year to come....

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‘Brexit envy’ grows in Switzerland

2020-12-30

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2020-12-30

British Prime Minister Boris Johnson announces a deal on December 24 Paul Grover Britain has finally negotiated a deal with the European Union. The European Court of Justice will not act as a court of arbitration. Some Swiss voices are now calling for Switzerland to get the same deal. The UK and the EU managed to agree on a last-minute trade deal after all. It will come into force provisionally on January 1. This will prevent customs duties...

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Economic outlook for Switzerland in 2021

2020-12-30

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2020-12-30

Have the Swiss and European Union economies already been through the worst, or will the pandemic cause more damage in 2021? Keystone / Martin Ruetschi Lockdown, home office, travel bans. The pandemic has shaken up the economy, but its disruptive power is having a selective effect. While the pharmaceutical industry is sailing through the crisis unscathed, the watch industry is being hit harder than any time since the last world war. What is the...

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Swiss want more digital services from the state

2020-12-30

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2020-12-30

Digitalisation is increasing pressure on state authorities, with almost three-quarters of Swiss expecting more digital services from the authorities, according to a survey by consultants Deloitte. Whether it’s paying parking fines or obtaining motorway toll stickers, Swiss want to be able to deal with such services online. A third of those surveyed could even imagine getting married via video conferencing.A large majority of the population would...

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