Tags » Swiss National Bank

Greek Crisis: Banks To Remain Closed Monday; Europe's Central Bank Caps Emergency Funding

Greek banks will reportedly not open tomorrow, after the ECB capped the emergency liquidity that is keeping them afloat.

GOLDBUG: The allure of gold in a fiat currency world

http://www.zerohedge.com/news/2015-05-09/russell-napier-explains-whats-store-gold-if-cash-outlawed

Russell Napier Explains What’s In Store For Gold If Cash Is Outlawed
Submitted by Tyler Durden on 05/09/2015 19:45 -0400

*** begin quote *** 495 more words

GOLDBUG

As Swiss watchmakers dismiss Apple Watch, Swiss National Bank increases Apple holdings by 60%

”Over the first calendar quarter of 2015, the Swiss National Bank increased its holding of Apple stock by 60 percent to 8.90 million shares, according to a U.S. 145 more words

News

Pros and cons of dirham’s peg to the dollar

This article appeared originally in Gulf News: link to original article

What does it mean when a currency is pegged to another? Does it mean that every time you check the exchange rate, it will be the same with the change being plus or minus 0.001? 601 more words

Published Articles In Gulf News

USDCHF: Pauses after strong gains

Last week the Swiss National Bank (SNB) kept the negative interest rate unchanged at -0.75% and Swiss trade balanced came out worse than expected. Also the US Federal Reserve meeting result in downgrading GDP and inflation forecasts for this year and next, and anticipated the FED will discuss a rate hike in June. 180 more words

Analysis

Vogue Germany Banned Over Pricing, Goes After Fashion Blog Over Fashion Cover

Coop, Switzerland’s second-largest supermarket chain, has stop selling German magazines, including Vogue Germany, because its Swiss distributor, 7Day Media Services, according to a Coop official, had not cut prices after the currency surge, reports Strait Times.  320 more words

Fashion Reportage