Tag Archive: newsletter

EUR/CHF: SNB does not find love in prices – Rabobank

2020-02-15

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2020-02-15

The Swiss National Bank (SNB) has the mandate to maintain CPI inflation near 2% on a yearly basis but is currently running at just 0.2%. CHF’s strength is not welcomed by SNB, economists at Rabobank reports. 

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Gerechtigkeit & Kapitalismus – Diskussionsrunde mit Ernst-Ulrich Huster und Rainer Zitelmann

2020-02-14

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Folgen Sie mir auf Twitter - https://mobile.twitter.com/rzitelmann Folgen Sie mir auf Facebook - https://www.facebook.com/r.zitelmann/ Lesen Sie meine Beiträge auf Forbes.com - https://www.forbes.com/sites/rainerzitelmann/ Meine Homepage - http://www.rainer-zitelmann.de/ Die Webseite zum Buch - http://kapitalismus-ist-nicht-das-problem.de

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FX Daily, February 14: Investors Continue to Look Past the Coronavirus

2020-02-14

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2020-02-14

Overview: The capital markets are heading into the weekend, still trying to look past the coronavirus despite the new cases in Hubei. Tokyo was a notable exception in the Asia Pacific region, as the other major equity markets, like in Hong Kong, China, Taiwan, South Korea, and Australia, advanced. The MSCI Asia Pacific Index rose for the second week.

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Swiss Producer and Import Price Index in January 2020: -1.0 percent YoY, unchanged MoM

2020-02-14

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2020-02-14

Switzerland Producer Price Index (PPI) YoY, January 2020
The Producer and Import Price Index remained unchanged in January 2020 compared with the previous month. The index stood at 100.7 points (December 2015 = 100). Petroleum products in particular saw higher prices, while pharmaceutical preparations became cheaper. Compared with January 2019, the price level of the whole range of domestic and imported products fell by 1.0%.

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Swiss Labour Force Survey in 4rd quarter 2019: 0.9percent increase in number of employed persons; unemployment rate based on ILO definition falls to 3.9percent

2020-02-14

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2020-02-14

Unemployed According to ILO, Q1 2014-Q4 2019
13.02.2020 - The number of employed persons in Switzerland rose by 0.9% between the 4th quarter 2018 and the 4th quarter 2019. During the same period, the unemployment rate as defined by the International Labour Organisation (ILO) declined from 4.6% to 3.9%. The EU's unemployment rate based also decreased from 6.6% to 6.2%.

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USD/CHF Price Analysis: Greenback grinding up vs. Swiss franc, clings to 2020 highs

2020-02-14

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2020-02-14

USD/CHF daily chart
USD/CHF is slowly advancing printing fresh 2020 highs by a few pips. The rising wedge formations can limit the upside on USD/CHF. USD/CHF is printing new 2020 highs while the quote is trading below the 100/200-day simple moving averages suggesting an overall bearish momentum.

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Création d’une page dédiée à la Monnaie

2020-02-14

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2020-02-14

Cet post a pour but de vous informer de la création d’une page dédiée à la Monnaie. Vous la trouverez à cette adresse: https://lilianeheldkhawam.com/monnaie-dossier/ Monnaie et globalisation marchent main dans la main. Elles sont intimement liées à l’avènement du Nouveau Monde.

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Thiam ‘proud’ of his record as he departs Credit Suisse

2020-02-14

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2020-02-14

Outgoing Credit Suisse chief executive Tidjane Thiam said he was proud of what he has achieved at the bank as it delivered strong 2019 results and a promising start to this year. Thiam handed in his resignation last week after losing the confidence of the board following a spying scandal that had seriously damaged the bank’s reputation. Thursday was Thiam’s last day in office.

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You Shouldn’t Miss The Cupom

2020-02-14

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2020-02-14

Dollar Correlations, 2017-2020
I actually wanted to focus on this yesterday but confirmation wasn’t forthcoming until today. So, it ended up being a broader note on the dollar which only included some mention of Brazil in passing. Still a worthwhile couple of minutes.

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Gold Coins Worth £80,000 Found In Retiree’s Drawers In Cottage: “It Was Mind-Blowing. I Felt Like a Pirate in a Grotto”

2020-02-14

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2020-02-14

Gold coins including gold sovereigns found in drawers of deceased retiree’s cottage sell at auction for £80,000. ◆ British gold coins including gold sovereigns from the Royal Mint found in drawers and cupboards of cottage fetch £80,000; one British gold sovereign found in a sugar bowl. ◆ Auctioneer John Rolfe expected little before he entered damp, rat-infested property near Stroud.

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Former Swiss defence minister denies knowledge of Crypto-CIA links

2020-02-14

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2020-02-14

Was former Swiss cabinet minister Kaspar Villiger aware that the Swiss firm Crypto AG was controlled by the CIA? Swiss media say newly released CIA documents support this claim, but the ex-defence minister vehemently denies it. The CIA records are “not correct”, the former defence minister (1989-1995) told Swiss public television, SRF, in a statement published on Wednesday.

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FX Daily, February 13: Surprise? China Undercounts Afflictions and Fatalities, Curbs Risk Taking

2020-02-13

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2020-02-13

Overview: There is one overriding driver today, and that is the incorporation of CAT scan diagnoses of the virus in Hubei, ground-zero. This follows the arrival of WHO officials into China a couple days ago. Not only have the cases jumped, but so did the number of deaths. It plays on fears that China's figures are not reliable. But it is not just China.

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Virus Concerns Resurface

2020-02-13

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2020-02-13

Coronavirus
Markets are reacting badly to upward revisions to coronavirus cases in China. The euro fell to the weakest level since mid-2017 against the dollar. UK housing data adds to relatively upbeat figures since the December elections. Malaysia’s government is joining in the counter-cyclical fiscal effort.

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Investigation opened into Swiss encryption firm linked to CIA

2020-02-13

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2020-02-13

The Swiss government has opened an investigation into a decades-old spying affair involving Swiss firm Crypto, following reports by Swiss public broadcaster SRF, German broadcaster ZDF and The Washington Post. The government confirmed on Tuesday that it had opened an investigation into the reports that Crypto, a Zug-based communications encryption firm, was secretly used by the CIA and West German intelligence services for decades.

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Welfare payments in 2018 averaged CHF10,379 per person

2020-02-13

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2020-02-13

Net expenditure on social assistance in Switzerland increased by 1.3% in 2018 compared with the previous year. The government, cantons and municipalities paid out a total of CHF8.4 billion ($8.6 billion). Each recipient of social assistance received an average of CHF10,379, the Federal Statistical Office said in a statement on Tuesday. This is an increase of 2.4% on 2017.

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The Triumph of Madness

2020-02-13

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2020-02-13

Historic Misjudgments in Hindsight. Viewing the past through the lens of history is unfair to the participants.  Missteps are too obvious.  Failures are too abundant.  Vanities are too absurd.  The benefit of hindsight often renders the participants mere imbeciles on parade.

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Small Countries Are Better: They’re Often Richer and Safer Than Big Countries

2020-02-13

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2020-02-13

"World Happiness" Index Ranking v. National Population
In the wake of the Brexit vote, Scottish nationalists have renewed their calls for a new referendum on Scottish independence. But many remain unconvinced, and many claim Scotland is "too small" to be an independent country. Others claim that Scotland is too poor, since Scotland's GDP per capita is only 90 percent that of England.

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FX Daily, February 12: The Greenback Slips in Subdued Activity

2020-02-12

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2020-02-12

Investors appear to be increasingly looking past the latest coronavirus from China as new afflictions slow. Despite the soggy close of US equities yesterday, Asia Pacific bourses are nearly all higher, led by more than 1% gains in Singapore and Thailand. The Dow Jones Stoxx 600 is at new record highs, led by consumer discretionary and materials sectors.

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USD/CHF Price Analysis: Rising wedge can halt the bulls

2020-02-12

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2020-02-12

USD/CHF daily chart
USD/CHF created a rising wedge pattern suggesting potential exhaustion in the medium term. The level to beat for bears is the 0.9770 support. USD/CHF is pulling back down slightly from the 2020 highs while reintegrating Friday’s range. The spot is trading below the 100/200-day simple moving averages suggesting an overall bearish bias.

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L’or de la Banque Nationale suisse

2020-02-12

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2020-02-12

Change in Central Bank Gold Reserves by Country
Note: Ce post est une erreur. Son contenu correspond en fait à la page dédiée à l’or suisse de la banque centrale. https://lilianeheldkhawam.com/lor-de-la-banque-nationale-suisse/ Cette erreur est intervenue dans le cadre de la création de la page sur la Monnaie, que je vous invite à visiter ici: https://lilianeheldkhawam.com/monnaie-dossier/

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