Safe-Haven Shift: Swiss Franc Outperforms Amid Tariff Turbulence Market Turbulence Fuels Flight to Safety
April 07, 2025Market Turbulence Fuels Flight to Safety
APRIL 7 - Global markets experienced significant volatility on Monday as U.S. President Trump's sweeping tariffs on key trading partners sparked fears of a deep economic downturn. With investors increasingly risk-averse, there was a marked surge in safe-haven demand, prompting a broad sell-off in risk-sensitive currencies such as the Australian and New Zealand dollars, as well as the Swedish and Norwegian crowns.
Read MoreSNB senkt Leitzins um 25 Basispunkte auf 0,25 %: Dynamik des Schweizer Frankens im Fokus
March 17, 2025Zinsschritt und Inflationstrends
17. März – Die Schweizerische Nationalbank (SNB) wird voraussichtlich am 20. März ihren Leitzins um 25 Basispunkte senken – von derzeit 0,5 % auf 0,25 % – und diesen bis mindestens 2026 beibehalten. Dieser Schritt folgt auf die überraschende Zinssenkung um 50 Basispunkte im Dezember. Danach setzte sich der Rückgang der Inflation fort und erreichte im Februar mit 0,3 % ein fast vierjähriges Tief, was weiteren Spielraum für geldpolitische Lockerungen eröffnet. Das Risiko negativer Zinsen gilt jedoch mittlerweile als sehr gering.
SNB Cuts 25bps to 0.25%: Swiss Franc Dynamics in Play
March 17, 2025Policy Move and Inflation Trends
March 17 - The Swiss National Bank is expected to cut its key policy rate by 25 basis points on March 20, bringing it down from 0.5% to 0.25% and holding that level until at least 2026. This decision follows the SNB's surprise 50bps cut in December, after which inflation continued its downward trajectory—hitting a near four-year low of 0.3% in February—leaving room for further easing, though the risk of rates turning negative now appears very low.
Read MoreDollar Consolidates Amid Tariff Fears, Swiss Franc Gains
March 14, 2025US Dollar Rebounds as Trade Uncertainty Persists
March 14 - The US dollar rose modestly on Thursday against most major currencies, bolstered by investors consolidating positions after a prolonged period of weakness amid escalating tariff concerns. Despite recent selloffs driven by fears over President Trump's potential 200% tariffs on wine, cognac, and other alcohol imports from Europe—and threats to retaliate against EU counter-tariffs—the greenback managed a slight recovery as market participants reassessed their risk exposure.
Read MoreEU Confronts Trump Tariffs, Swiss Franc Plays Key Role
March 11, 2025EU Faces New Round of U.S. Tariffs
The European Union is preparing for its first wave of U.S. tariffs on Wednesday, with a 25% duty imposed on aluminium and steel imports—measures that will affect EU metal exports more significantly than those from 2018. Previously, tariffs imposed by the Trump administration in 2018 impacted EU metal shipments valued at €6.4 billion; however, the new tariffs not only reapply those measures but also increase the aluminium duty from 10% to 25%, expanding their reach to derivative products such as steel machinery parts and aluminium-rich items ranging from car bumpers to tennis rackets.
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