New data on Swiss fintech market, partial unemployment benefits26 March 2018
Some of recently published data confirms Switzerland status as fintech hub, as well as its potential for becoming cryptocurrencies valley. In other news, a report on partial unemployment benefits, the solution which introduction in companies was eased in 2009, confirms the idea was good and indeed help saving jobs.
Swiss Franc reacts slightly to the highest KOF economic barometer in 7 years30 October 2017
The Swiss Franc exchange rate was unimpressed by beating-forecast result of KOF economic barometer in October. The Switzerland’s KOF leading indicator outcome for this month was announced on the Monday morning and turned out to be on the highest level since Sept. 2010.
Euro fell half a percent after three days in a row climb as ECB announced its cautious QE move26 October 2017
The good run of the euro has abruptly came to an end on Thursday afternoon, after the European Central Bank had finally announced its decision on continuation of loose monetary policy that has been conducted for years now. The cautious move of halving the stimulus, saw EUR/USD exchange rate fell to 1.1722 dollars.
Swiss Franc hits the lowest point since Jan. 2015 against Polish Zloty19 October 2017
On Wednesday, 18th October, the exchange rate of CHF/PLN hit the lowest point in 33 months as it got below 3.66 zlotys at some point of the day. The downfall started on Tuesday, 17th, with buy Swiss Franc price being below 3.67 zlotys at some point during daily trading.
Swiss unemployment rate stable, inflation surge10 October 2017
The newest economy data from Switzerland brought bitter-sweet results as jobless rate remains quite stable, but inflation accelerated. Swiss Franc exchange rate showed mixed trading against major currencies ahead of unemployment rate results’ publication, but no major alteration should occur as the rate marginally missed expectations.