Swiss huge budget surplus exceeds expectations
February 26, 2019The Swiss government announced a surplus of 2018 budget that is ten times bigger than forecasted. A huge amount of 2.9 billion Swiss Francs of surplus is still a preliminary figure. The difference between reality and expectations in terms of surplus is raising concerns.
Read More
Euro exchange rate falls as the eurozone economy slows down
February 21, 2019The common eurozone currency slipped on Tuesday by 0.1 percent in exchange rate against the US dollar, as the economic slowdown denied the good influence of progress in the US-China trade talks that sent the euro up flying on Monday. Analysts expect tough week for the single currency.
Read More
Raising interest rates by the SNB – what’s the plan? How will it influence the Euro Franc exchange rate?
February 11, 2019Negative interest rates are being kept by the Swiss Central Bank even though the crisis is over. Many economists and market analysts believe it is high time to decide on hike of interest rates, as the current SNB monetary policy is becoming questionable. However, taking this step comes with some risks.
Read More
„Flash crash” of Swiss Franc due to Japanese holiday
February 11, 2019On Monday 11th February in the early hours, at the start of Asian trade, the exchange rate of Swiss Franc experienced what is called by analysts a “flash crash”. The rate of CHF against USD skipped and then rebounded, changing in total by one percent in just a matter of minutes.
Read More
How Swiss stock exchange trading in 2018 affected banks’ revenues
February 02, 2019The Swiss stock exchange trading volume was higher in 2018 comparing to 2017. Many segments enjoyed a bit better year, expect for ETFs. However, turbulent stock markets over the course of the whole year vastly affected the private banking sector’s revenues and assets under management figures.
Read More