New data on Swiss economy: record export and sales of watches20 July 2018
New data on Swiss economy published this week showed some record figures in terms of export and new heights in watches’ sales. Additionally, it turns out that Switzerland is the most innovative country in the world.
Will new job ads rules in Switzerland impact cross border workers?11 July 2018
As of July 1st, there are new regulations on posting vacant jobs advertisements for professions with high unemployment rate. Their aim is to promote and aid use of domestic workforce which could make it more difficult for frontaliers to apply for a new position.
Currencies round up – Euro falls, Yuan rallies and Dollar is steady04 July 2018
The euro fell on Wednesday even though business activity data was better than market had expected. The Chinese Yuan was growing sharply after the central bank intervention. Whereas the US Dollar exchange rate was steady against the six major currencies ahead of the Independence Day.
Mario Draghi announced the end of the quantitative easing program15 June 2018
The ECB announced on during their session in Riga that they plan to slowly end their large-scale asset purchase program. At the same time the FED is already a few steps ahead and slowly raising the Interest rates in the US.
Euro rises as investors hope on ECB to wind down its stimulus policy11 June 2018
The Euro rose on Monday as investors look with hope to Thursday’s policy meeting of the European Central Bank. There is speculation that the ECB will announce unwind of its bond-buying program. The common currency was left unimpressed by the divisive G7 summit in Canada.