The SNB will change its policy“either when the ECB starts to increase its interest rates or if the euro-franc exchange rate weakens materially towards 1.25” said Maxime Botteron, an economist at Credit Suisse.
moreSNB Chairman Thomas Jordan will not want to jeopardise a recent weakening of the Swiss franc and is instead likely to wait for the ECB to tighten its monetary policy before he alters the SNB's course.
more| 13 Mar 2018 00:48 | Investing.com |
On the economic front, Switzerland's total sight deposits fell to a level of CHF575.9 billion in the week ended 09 March, compared to a level of CHF576.0 billion reported in the previous week.
more| 26 Feb 2018 05:26 | Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News) |
The chairman of Switzerland's stock exchange SIX Romeo Lacher thinks there are “a lot of upsides” to releasing a crypto version of the Swiss franc. Speaking to the Financial Times Sunday, Feb. 25, Lacher said the organization would be “very supportive ...
more| 25 Feb 2018 23:37 | Investing.com |
For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9360 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9345, with the USD trading 0.16% lower against the CHF from Friday's close.
more| 18 Jan 2018 23:49 | Kitco News |
NESTLE The world's biggest food group proposed three new independent directors to its board on Thursday as it seeks to accelerate its transformation into a company that makes health products.
more(Adds details on dollar, euro, Aussie dollar contracts; comment, table) By Gertrude Chavez-Dreyfuss NEW YORK, Dec 22 (Reuters) - Speculators pared back net short U.S.
more“The SNB has decided to acquire the company because, otherwise, issuance of the new Swiss banknote series would not have been guaranteed across the entire production stream,” the SNB said.
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