Weekly SNB Sight Deposits and Speculative Positions: SNB selling euros and dollars
2021-04-12
Update April 12 2021: SNB selling euros and dollars. Sight Deposits have fallen: The change is -0.5 bn. compared to last week, this means the SNB is selling euros and dollars.
God, Bitcoin, and Asymmetric Bets
2021-02-22
Blaise Pascal was a brilliant mathematician, inventor of the calculating machine, and pioneer of probabilistic theory during the 17th century. His philosophical works were published posthumously under the title of Pensées.
French blockchain firms offer tracing for Swiss watches
2020-11-29
The market for second-hand luxury watches is booming. But for the average consumer, it is not easy to tell a fake from the genuine article and determine the real value of a particular timepiece. Certificates based on blockchain technology could provide more transparency.
Dollar Consolidates Ahead of Thanksgiving Holiday
2020-11-28
The divergence in developed markets yield curves continues; the dollar is consolidating ahead of the US holiday. FOMC minutes will be released; weekly jobless claims data will be released a day early; October personal income and spending will be reported; Banco de Mexico releases its quarterly inflation report.
Blockchain trading venue challenges stock exchange dominance
2020-11-26
Digital assets bank Sygnum says it will open up new sources of funding for small companies by creating and trading shares on the blockchain. Its new trading facility will also target venture capital, real estate and the arts and collectibles market.
Pandemic Follies: Tyranny Won’t Keep Us Safe
2020-10-16
Politicians have destroyed more than 13 million jobs this year in a deluge of edicts aimed to fight the covid-19 pandemic. More than two hundred thousand Americans still died from the coronavirus, but the anticovid government crackdowns probably did far more damage than the virus. The covid crisis has also shown how easy it is for politicians to fan fears to seize nearly absolute power.
Swiss government expects 2020 GDP to shrink less than feared
2020-10-15
Swiss economic output will shrink by 3.8% this year, a less bad coronavirus-triggered slump than previously expected, the State Secretariat for Economic Affairs (SECO) said on Monday.
FX Daily, October 14: UK Blinks on Threat to Walk Away on Eve of EU Summit
2020-10-14
Overview: Turn around Tuesday saw the dollar bounce, particularly against the Australian dollar and European currencies, among the majors. Sterling pared earlier losses on reports that the UK would not walk away from the talks just yet, while the euro remains on its back foot.