Tags » Swiss National Bank

Foreign Exchange: Swiss Miss

When the Swiss National Bank (SNB) intervened to weaken its currency in 2011, analysts called the subsequent abrupt drop in the franc’s value a “20-standard-deviation move”. 639 more words


Is the Fed Behind Market Jump? Many Voices Say 'Yes'

The Dow Jones “miraculously” soared to a 600-point spike on Wednesday, after losses of nearly 2,000 points over the previous three trading days. This has once again raised the obvious question of whether the Fed intervened to prevent the continuing meltdown. 527 more words

Glass Steagall

27 Aug 2015 (AFR) - Swiss hit by currency wars - get the bill for central bank u-turn as economy seen in recession

(27 August 2015, AFR, p12, by Catherine Bosley)

‘The Swiss National Bank may see the fallout from its dramatic policy u-turn delivered in one word this week: recession. 61 more words

1.Market Observations

New banknotes to be released — six years late

by Malcolm Curtis|The Local Switzerland|August 17, 2015

The Swiss National Bank (SNB) plans to introduce the first of its new high-tech banknotes in April next year — six years later than initially planned after reported technical problems with its paper supplier. 298 more words

Swiss National Bank ups Apple stake to 9.4 million shares

”The Swiss National Bank raised its stake in Apple Inc. and Exxon Mobil Corp., increasing its U.S. equity holdings to $38.6 billion,” Catherine Bosley reports for Bloomberg. 356 more words


Economist 8/5/15

  1. ON FRIDAY, the Swiss National Bank (SNB), Switzerland’s central bank, reported second quarter losses of SFr20 billion ($20 billion).so far for 2015 now amount to a…
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High Costs Here Too

Alhambra Investment Partners, by Jeffrey P. Snider

On January 15, the Swiss National Bank suddenly and without warning removed the franc’s peg to the euro. Months later, there is still much confusion as to why they acted, including some of the…

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