iShares MSCI Switzerland ETF
Latest iShares MSCI Switzerland ETF News and Updates
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.
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.
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.
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.
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 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 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.
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.