iShares MSCI Switzerland ETF
Weak PMI Data Release Puts Pressure on Markets
The United Kingdom’s (EWU) construction PMI (purchasing manager’s index) fell in July to 45.9—slightly below 46 recorded last month.
UK Unemployment Rate Improves, Brexit Concerns Remain
The unemployment rate in the United Kingdom reached 11-year low levels as the jobless rate fell to 4.9% for the period from March to May.
Bank of England Stands Pat on Interest Rates
The Bank of England decided not to cut its interest rates to new record lows when it met on July 14, 2016. The country’s central bank was under pressure to act.
Why the Bank of England Decided to Keep Rates Unchanged
The Bank of England kept interest rates unchanged at 0.5%. The asset purchase program was also unchanged at 375 billion pounds.
Pound Falls, BOE Summer Stimulus Hopes Rise after Carney’s Speech
On June 30, BOE (Bank of England) governor, Mark Carney, gave a speech signaling the BOE’s possible actions after the Brexit referendum on June 23.
Global Central Bank Leaders Meet to Calm Market Jitters
Central banks met in Basel during the Bank of International Settlement’s annual meeting. They discussed how to control the impact of Brexit on the global economy.
German Economy Shows Resilience, Economic Sentiment Surges
The ZEW (Centre for European Economic Research) published the German economic sentiment report for June on June 22, 2016.
Could the Brexit Warrant a Monetary Policy Review?
Thomas Jordan, the SWB’s (Swiss National Bank) chief, delivered an unchanged monetary policy. The LIBOR rates were maintained at -0.75%.
Why Bill Gross Thinks the Era of High Returns Is Over
Bill Gross thinks that the era of double-digit stock returns (SCHB) (USMV) and high single-digit investment-grade bond returns is over.
European Indexes Broadly Positive on March 14
Critical European indexes were trading on a positive note on March 14, 2016, at 12:00 PM ET. Looking at the performance of the major European indexes, DAX and France’s CAC 40 traded higher by 1.5% and 0.16%, respectively.
Macros Indicate Strong Swiss Franc, SNB Might Have Other Plans
The Swiss franc had a volatile start to 2015. The euro-Swiss franc ceiling was taken out by the SNB ahead of the ECB’s decision to go for easing.
Swiss Franc Fell, Followed the KOF Economic Barometer
The Swiss franc fell against the US dollar on December 23, 2015, after an unexpected drop in the KOF barometer—a leading economic indicator.
Swiss Franc Fell after Swiss National Bank Maintained Rates
The US dollar to the Swiss franc currency pair, which is inversely related to the Swiss franc, rose on December 10, 2015.
Swiss Franc Unaffected by Lower-than-Expected GDP Data
The Swiss franc was trading slightly higher versus the US dollar on December 1, 2015, even as the GDP reports pointed toward slowing growth in the Swiss economy.
Russia versus Turkey and the Demand For Safe-Haven Currencies
The rise of geopolitical tension in Syria Today, on November 24, with Turkey shooting down a Russian plane near the Syrian border, meant that there was again demand for safe-haven currencies.
Swiss Franc Falls on Lower Inflation and Dovish SNB
The Chairman of the Swiss National Bank, Thomas Jordan, made a dovish statement on Tuesday, stating that the Swiss franc remains significantly overvalued.
Swiss Franc Falls as Manufacturing and Retail Sales Slump
The Swiss franc depreciated against the US dollar by 0.4% on October 1, 2015, as August retail sales released below expectations.
Why the Swiss Franc Is the Golden Currency
Recently, the safe haven currencies like the Swiss franc and the Japanese yen are the ones that are showing a greater correlation to gold.
Swiss Franc Rises as the GDP Releases on a Positive Note
The Swiss franc rose against the US dollar on August 28, 2015. Better-than-expected GDP (gross domestic product) figures lifted the sentiment for the franc.