Tag Archive: Featured

FX Daily, January 7: Dollar Bounces after Insurrection Put Down

2021-01-07

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2021-01-07

Overview:  After the National Guard were called to put down an insurrection in Washington, DC, the dollar is having its best day in around a week.  The euro's three-day rally has been halted even though German factory orders surprised on the upside. 

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Two globally pioneering technologies among Swiss energy prize winners

2021-01-07

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2021-01-07

A floating solar power plant and a transport project using renewable hydrogen are among the winners of the 2021 Watt d’Or prize. 

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Swiss franc shrugs off being put on the naughty step by US

2021-01-07

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2021-01-07

For many foreign exchange traders, the US Treasury’s decision to designate Switzerland as a currency manipulator last month comes nearly six years too late and with a good dose of irony.

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Charity works overtime to support Covid-stricken mountain firms

2021-01-07

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2021-01-07

A Swiss fund that supports small businesses in alpine regions bailed out 100 firms last year that were affected by the coronavirus pandemic. Schweizer Berghilfe (Swiss Mountain Aid) doled out an extra CHF2 million ($2.26 million) to support Covid-hit enterprises.

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Double Standards, Reparations, and War Crimes

2021-01-07

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2021-01-07

Joan Wallach Scott, a historian who is a professor emerita at the Institute for Advanced Study in Princeton, has come up with a most valuable insight. She is decidedly not “one of us,” but her insight makes her sound as if she might be.

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California Now Wants to Tax People Who Live in Other States, Too

2021-01-07

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2021-01-07

California’s government has become infamous for abusing its citizens, from steep taxation to burdensome regulations to arbitrary covid impositions. But less noticed is how it is also trying to abuse other Americans as well.

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A Swiss Rifle Club in America

2021-01-06

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Swiss rifles were coveted during the American revolutionary and civil wars. Today they’re used for fun by the Swiss Rifle Club of Minneapolis. In the late 1980s, a group of Swiss expats living in Minnesota – all employed by food technology company Bühler – decided to form a shooting club to maintain a tradition from the homeland. They made a deal with a local club willing to share its facilities, and got the green light from the Swiss military,...

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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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