The headquarters and headquarters of the leading group of the Swiss pharmaceutical industry will remain in Basel despite the strength of the franc which reduces competitiveness and despite the popular vote against mass immigration: the president Jorg Reinhardt specified…
Some Swiss companies that export abroad (often in euros) have decided to temporarily increase the number of working hours for their employees to counteract the decline in profits due to the unfavorable exchange rate of the Swiss franc against the euro
Ubs records profits of almost one billion Swiss francs in the last quarter of 2014 alone, while in the entire last year it had achieved profits of up to 3,6 billion - The Bank, however, launches a warning on the impact of the strengthening of the franc and…
PMI index at 48,2 points, the lowest level since October 2012 - Meanwhile, there is talk of new interventions by the Central Bank.
FROM THE BLOG "THE RED AND THE BLACK" BY ALESSANDRO FUGNOLI, strategist of Kairos - What's going on in the mysterious world of negative bond yields: from the Bundesbank to the Swiss franc - "In the meantime we keep suggesting to sell the American stock market on…
The forex trader explained that the surprise announcement by the Swiss National Bank and the sudden price movements were events that were not foreseeable by FXCM
The purchases on the shares of the Swiss pharmaceutical group are fueled by the green light from the European authorities for a drug against psoriasis.
The surge in the Swiss currency (+20,7%) has kick-started cross-border shopping tourism - Direct consumers above all in Germany, but also in France, Italy and Austria - Tourism: "The telephones have stopped ringing and the reservations online are…
The Swiss effect on today's reopening of the markets after the de-pegging of the franc from the euro, the launch of the ECB's Quantitative Easing expected for Thursday and Sunday's general elections in Greece are the three facts that dominate this week…
In Greece, waiting for the early elections on 25 January, savers have already withdrawn over three billion euros at the counter, while in Switzerland there is already the first victim of the currency earthquake: it is the English broker Alpari UK.
With the collapse of the euro against the franc, cross-border commuters have already gained purchasing power - Italian petrol is cheaper - Assolombarda: "Enormous advantage for exports" - The tax agreement encourages adherence to voluntary disclosure and will cost less bring back the…
New plunge for the Zurich Stock Exchange - Among the stocks that lose the most are Julius Baer (-8,42%), Swatch Group and Actelion (-6,9%)
The decision of the Swiss Central Bank to decouple the franc from the euro is read by the markets as the approach of Draghi's Qe but also as a sign of weakness of the global economy - Euro still lower - Stock exchanges contrasted - A…
After the decision of the Swiss central bank to waive the exchange rate limit on the euro, the rally of the Swiss currency starts but the Zurich stock market remains 11,7%. Contrast the other squares excluding Milan which remains positive…
The decision aims at making "investment in Swiss francs less attractive and therefore at supporting the minimum exchange rate".
The final terms of the issue will be determined at the time of pricing based on market conditions - Fiat will request the listing of the securities on the regulated Swiss market (Six Swiss Exchange).
Ukraine Crisis Triggers Investors' Typical Defensive Tools and Drives Demand on Japanese and Swiss Currencies - Yen climbs to its highest level in over a month against the dollar and the Swiss franc…
Rumors about a possible US attack on Syria in the next few days hit the stock exchanges - Piazza Affari loses 2,3% again today, dragged down by the banks: Mediobanca, Unicredit and Intesa lose more than 4% - Autogrill,…
Race for safe-haven assets: the yen hits session highs against the dollar and euro, the Swiss franc hits session highs against the single currency - Crude oil reaches 109 dollars a barrel - The…
The institute has spent an amount close to the country's entire GDP, with the aim of halting the appreciation of the franc and protecting export industries.
Loan for the Swiss market issued by Fiat Finance and Trade - The securities will be listed on the securities on the SIX Swiss Exchange.
The most awaited piece by collectors - in the auction in 310 lots to be held in mid-November in Geneva for a total of 15 million Swiss francs - is a fabulous watch by Eric Clapton which is worth…
Growth of 0,2% was expected - But Moody's confirmed the country's triple A rating and the Swiss franc has gained almost 5% against the dollar in the last month.
The relationship between the Australian dollar and the Swiss franc represents a key change in sniffing the state of the world economy - The Swiss currency is the ultimate safe haven and is strong when the rest of the world is in trouble - The currency…
Ten of the 17 major global investment banks have reduced their estimates on the single currency: the forecast is that the euro will reach 2012 dollars at the end of 1,20 - There are fears that the crisis will worsen in Spain, Greece and Italy - Dollar …
Bank of Switzerland announced it will buy Merrill Lynch's private banking business outside the US for 860 million Swiss francs (about 715 million euros) - Julius Baer's assets under management will increase by…
The single currency remained stable during Asian trading, showing a slight buoyancy in the morning on the back of rising consumer confidence data from Germany and France, but losing ground against the pound and the yen.
The single currency is unable to break through the support at 1,27, showing a certain static nature despite this morning's drop, caused by the Spanish auctions and by the GDP data from Madrid. The Swiss franc in free fall against the dollar…
The single currency touched 1,2866 in mid-morning, returning to the lows of the last four months and aiming slowly but decisively towards the support at 1,26, on the annual lows, pushed downwards by the uncertainty on the Greek crisis and on the new…
Philip Hildebrand resigned today "with immediate effect" after the financial scandal that engulfed him in recent days - The banker and his wife, a former trader, allegedly speculated on international currencies shortly before he decided to fix…
This was asked by Jun Azumi, the Japanese Minister of Finance - In recent times, the Japanese currency has served as a safe haven, like the Swiss one - But its strengthening is seen as an obstacle to economic recovery, strongly…
So much uncertainty throughout Europe after Black Monday - Milan loses again, after various fluctuations - Zurich is the exception, after the decision of the Swiss Central Bank to set a minimum value for the euro/franc exchange rate at 1,2 euro…
In approving the decision of the Swiss central bank, the American bank does not seem to notice that the speculative run on the Swiss franc is in part the result of its own advice to investors, especially the "very important" ones.
According to the Swiss Central Bank, "the current appreciation of the franc is at high levels and represents a serious threat to the Swiss economy" - Should the threats persist, the institute does not rule out "additional measures" - ECB: " A decision that falls…
The single currency strengthens against the US dollar after Bernanke's speech. The Swiss franc and the yen also depreciated. Investors' attention will be directed today to the speeches by Trichet and Juncker.
Eight francs for two coffees and eighty for a dinner ? The strong currency is creating major problems for the holiday season in the Engadine: vacant rooms, half-full hotels, half-empty shops - But the price of houses does not…
In the climate of uncertainty of the markets in which shares fluctuate, threatened by the slowdown of the global economy and US treasuries and 10-year German bunds offer a yield of around 2%, one takes refuge in investments considered more…
The Japanese and Swiss currencies weakened against the dollar thanks to moves expected by the monetary authorities of both. The goal is to curb the appreciation of currencies seen as safe-haven assets - The SNB has set negative rates on…
Jp Morgan and Citi cut US growth estimates and stock markets continue to suffer. At 16.15 Milan lost about 1% and Frankfurt almost double. Still declining are Fiat and bank stocks. Contrast the American stock exchanges.…
Fears about the slowdown in the global economy are driving investors from all over the world towards safe-haven assets: first of all the Swiss and Japanese currencies, which have been on the rise for weeks. The dollar holds thanks to the liquidity demand of the institutions…
The Swiss currency weakened against the 16 major world currencies. Underlying this decline are some rumors that the central bank is injecting liquidity through the currency futures market. Also yesterday the Government of…
The Swiss currency is increasingly the preferred safe-haven asset for investors. To the point of creating some problems even for those who export to the confederation
The Swiss National Bank has decided to implement a further injection of liquidity into the markets to curb the excessive appreciation of the currency. But the markets didn't take the news as well as hoped and the franc continues to strengthen.
Thanks to the increases in liquidity on the foreign currency money market carried out in recent days by the Swiss National Bank, the franc has started to depreciate, reaching 1,0921 against the euro and 0,7687 against the dollar.
A public debt largely denominated in Swiss francs. Local governments deeply indebted, with 20% of their debt in foreign currency. The franc that continues to appreciate. But the authorities don't seem to find an agreement. The…
