Swiss National Bank

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1d
Zero Hedge
The Chinese Yuan Countdown Is OnCurrency stability is a prerequisite for China's economic transition Defending
The Chinese Yuan Countdown Is On
Zero Hedge / Posted yesterday
Currency stability is a prerequisite for China's economic transition Defending the yuan is prohibitively expensive – China cannot beat the market Progressive devaluation managed by PBoC is the most probable scenario for 2016 Remember that the... Read more
1d
Swissinfo
ZKB Eyes Swiss Private Banking Acquisitions as Sector Shrinks(Bloomberg) -- Zuercher Kantonalbank, Switzerland’s fourth- biggest bank, said
ZKB Eyes Swiss Private Banking Acquisitions as Sector Shrinks
Swissinfo / Posted yesterday
(Bloomberg) -- Zuercher Kantonalbank, Switzerland’s fourth- biggest bank, said it’s considering acquisitions in the country’s shrinking private banking sector as smaller rivals struggle with rising costs and negative interest rates. "Domestic... Read more
2d
Business Standard India
Guess what is causing the rally in gold - it's not fearThere is always a bull market somewhere goes an old market saying. While invest
Guess what is causing the rally in gold - it's not fear
Business Standard India / Posted 2 days ago
There is always a bull market somewhere goes an old market saying. While investor attention is focussed on the carnage in equity markets, there is a market that is attracting attention globally – the gold market. Gold has historically been known as... Read more
4 related stories
2d
Swissinfo
Manufacturing ‘shifting out of Switzerland’Copyright All rights reserved. The content of the website by swissinfo.ch is c
Manufacturing ‘shifting out of Switzerland’
Swissinfo / Posted 2 days ago
Copyright All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification,... Read more
2d
Swissinfo
Yen Approaches 15-Month High as Intervention Speculation Mounts(Bloomberg) -- The yen gained, approaching its highest since October 2014, amid
Yen Approaches 15-Month High as Intervention Speculation Mounts
Swissinfo / Posted 2 days ago
(Bloomberg) -- The yen gained, approaching its highest since October 2014, amid speculation the Bank of Japan may intervene to arrest gains that threaten to undermine almost three years of monetary stimulus. The Japanese currency strengthened versus... Read more
2d
The Globe and Mail
Rosenberg: There's now a 'cornucopia' of opportunities for long-term investorsThe wall of worry is turning into a fortress. We have moved in the past year f
Rosenberg: There's now a 'cornucopia' of opportunities for long-term investors
The Globe and Mail / Posted 2 days ago
The wall of worry is turning into a fortress. We have moved in the past year from the Swiss National Bank to Greece to oil to China to the Fed to the U.S. dollar. And now to fears over the European banking system (plus global contagion), central... Read more
2d
Market Watch
Is this the week central banks lost their market credibility?Has the “Yellen put” finally expired? Financial markets are in the grips of a
Is this the week central banks lost their market credibility?
Market Watch / Posted 2 days ago
Has the “Yellen put” finally expired? Financial markets are in the grips of a global rush to safety. Central banks, whose flood of liquidity have been given much of the credit for the sharp postcrisis rise in stocks and other asset prices, seem... Read more
7 related stories
2d
FOX Business
Gold Shines as Central Banks Embrace Negative YieldsGold prices soared to the highest level in a year Thursday, as heightened econo
Gold Shines as Central Banks Embrace Negative Yields
FOX Business / Posted 2 days ago
Gold prices soared to the highest level in a year Thursday, as heightened economic and geopolitical uncertainties drove investors to seek shelter in the precious metal. With a growing number of central banks resorting to negative interest rates to... Read more
28 related stories
2d
FOX Business
Gold Shines as Central Banks Embrace Negative YieldsGold prices soared to the highest level in a year Thursday, as heightened econo
Gold Shines as Central Banks Embrace Negative Yields
FOX Business / Posted 2 days ago
Gold prices soared to the highest level in a year Thursday, as heightened economic and geopolitical uncertainties drove investors to seek shelter in the precious metal. With a growing number of central banks resorting to negative interest rates to... Read more
28 related stories
3d
Swissinfo
Currency Jawboning Back in Vogue as Investors Flee to Havens(Bloomberg) -- From Stockholm and Zurich to Tokyo and Bangkok, central bankers
Currency Jawboning Back in Vogue as Investors Flee to Havens
Swissinfo / Posted 3 days ago
(Bloomberg) -- From Stockholm and Zurich to Tokyo and Bangkok, central bankers are turning up the volume to leave traders in no doubt that they’re unhappy about the extent to which their currencies are gaining. It’s known as verbal intervention and... Read more
3d
Market Watch
Dollar rebounds vs. yen on rumors of BOJ interventionThe dollar recovered Thursday after plunging to its lowest level against the ye
Dollar rebounds vs. yen on rumors of BOJ intervention
Market Watch / Posted 3 days ago
The dollar recovered Thursday after plunging to its lowest level against the yen in more than a year earlier in the global day as rumors circulated that the Bank of Japan may have intervened to weaken its currency. At around 7:20 a.m. Eastern Time,... Read more
3d
Market Watch
SNB Chairman not ruling out further rate cutsZURICH---The Swiss central bank hasn't ruled out taking interest rates deeper i
SNB Chairman not ruling out further rate cuts
Market Watch / Posted 3 days ago
ZURICH---The Swiss central bank hasn't ruled out taking interest rates deeper into negative territory amid fears renewed economic turmoil in the eurozone could drive the Swiss franc sharply higher, its chairman is reported as saying. "We have... Read more
3d
examiner.com
Are negative interest rates a positive?Negative interest rates have become a hot topic in recent days. This report is
Are negative interest rates a positive?
examiner.com / Posted 3 days ago
Negative interest rates have become a hot topic in recent days. This report is a follow-up to comments on our interest rate article of yesterday. The concept of negative interest rates appears to have become the new cause célèbre among... Read more
4d
The Houma Courier
U.S. stocks pare losses while oil rout deepensThe Standard & Poor's 500 index ended Tuesday down 0.1 percent after rallying a
U.S. stocks pare losses while oil rout deepens
The Houma Courier / Posted 4 days ago
The Standard & Poor's 500 index ended Tuesday down 0.1 percent after rallying as much as 0.8 percent in afternoon trading on speculation Deutsche Bank AG is considering buying back several billion euros of debt. The lender's U.S.-listed shares pared... Read more
51 related stories
4d
The Daily Comet
U.S. stocks pare losses while oil rout deepensThe Standard & Poor's 500 index ended Tuesday down 0.1 percent after rallying a
U.S. stocks pare losses while oil rout deepens
The Daily Comet / Posted 4 days ago
The Standard & Poor's 500 index ended Tuesday down 0.1 percent after rallying as much as 0.8 percent in afternoon trading on speculation Deutsche Bank AG is considering buying back several billion euros of debt. The lender's U.S.-listed shares pared... Read more
51 related stories
4d
Brisbane Times
Wall Street bounces back late in the dayLocal earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minera
Wall Street bounces back late in the day
Brisbane Times / Posted 4 days ago
Local earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minerals, Reckon, Stockland. Photo: Michel OSullivan Local shares are poised to open higher at the open as Wall Street turned in afternoon trade. CBA's results ahead. What you... Read more
4 related stories
4d
WA Today
Wall Street bounces back late in the dayLocal earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minera
Wall Street bounces back late in the day
WA Today / Posted 4 days ago
Local earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minerals, Reckon, Stockland. Photo: Michel OSullivan Local shares are poised to open higher at the open as Wall Street turned in afternoon trade. CBA's results ahead. What you... Read more
4 related stories
4d
The Age
Wall Street bounces back late in the dayLocal earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minera
Wall Street bounces back late in the day
The Age / Posted 4 days ago
Local earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minerals, Reckon, Stockland. Photo: Michel OSullivan Local shares are poised to open higher at the open as Wall Street turned in afternoon trade. CBA's results ahead. What you... Read more
4 related stories
4d
Sydney Morning Herald
Wall Street bounces back late in the dayLocal earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minera
Wall Street bounces back late in the day
Sydney Morning Herald / Posted 4 days ago
Local earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minerals, Reckon, Stockland. Photo: Michel OSullivan Local shares are poised to open higher at the open as Wall Street turned in afternoon trade. CBA's results ahead. What you... Read more
4 related stories
4d
Canberra Times
Wall Street bounces back late in the dayLocal earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minera
Wall Street bounces back late in the day
Canberra Times / Posted 4 days ago
Local earnings today: AGL Energy, Boral, Bradken, CBA, Computershare, Oz Minerals, Reckon, Stockland. Photo: Michel OSullivan Local shares are poised to open higher at the open as Wall Street turned in afternoon trade. CBA's results ahead. What you... Read more
4 related stories
4d
The Globe and Mail
TSX continues fall amid global growth concernsFinancial and energy companies dragged Canadian stocks lower for a third day, a
TSX continues fall amid global growth concerns
The Globe and Mail / Posted 4 days ago
Financial and energy companies dragged Canadian stocks lower for a third day, as equities worldwide sank amid deepening concerns about the health of the global economy. The Standard & Poor’s/TSX Composite Index slumped 2.49 per cent to 12,222.80 at... Read more
51 related stories
4d
New Zealand's National Business Review
Equities, oil slide furtherWall Street slid anew with the price of oil. European banks fell again. Oil mo
Equities, oil slide further
New Zealand's National Business Review / Posted 4 days ago
Wall Street slid anew with the price of oil. European banks fell again. Oil moved lower, with West Texas Intermediate for March delivery dropping more than 3% to $US28.77 a barrel on the New York Mercantile Exchange. Wall Street followed suit. In... Read more
5d
Naked Capitalism
Money and Banking – The Fed and Monetary PolicyThere is a debate about how truly “Monetarist” the Volcker experiment was, and
Money and Banking – The Fed and Monetary Policy
Naked Capitalism / Posted 5 days ago
There is a debate about how truly “Monetarist” the Volcker experiment was, and this debate is reflected in the FOMC discussions of the time ROOS. Well, if the level of borrowing comes in higher than we would anticipate, [can’t] you reduce the level... Read more
5d
thebee
Why Banking Stocks Are Taking A BashingThe smell of fear hangs over banking stocks after a rout in the sector during t
Why Banking Stocks Are Taking A Bashing
thebee / Posted 5 days ago
The smell of fear hangs over banking stocks after a rout in the sector during the first five weeks of the year. The Stoxx 600, an index of European banking stocks, is down by 24% since the beginning of 2016. Within that, there have been some... Read more
12 related stories
5d
Finextra
Icap's q3 revenue dips in challening marketsResults for the year ended 31 March 2016 will be announced on 16 May 2016. Gro
Icap's q3 revenue dips in challening markets
Finextra / Posted 5 days ago
Results for the year ended 31 March 2016 will be announced on 16 May 2016. Group revenue from continuing businesses for the third quarter to 31 December 2015 was 5% lower than the same period last year on a constant currency and on a reported... Read more
5d
Swissinfo
SNB Hasn’t Yet Reached Rock Bottom on Deposit Rate, Jordan Says(Bloomberg) -- The Swiss National Bank could reduce its already negative deposi
SNB Hasn’t Yet Reached Rock Bottom on Deposit Rate, Jordan Says
Swissinfo / Posted 5 days ago
(Bloomberg) -- The Swiss National Bank could reduce its already negative deposit rate further, its President Thomas Jordan said. The rate can be “lower than it is where we are now,” he said at a business event in Bern when asked how much further it... Read more
8d
Zero Hedge
The Swiss National Bank Doubled Its Holdings Of AAPL Stock In 2015In the spring of 2015 we showed something unexpected: one of the biggest buyers
The Swiss National Bank Doubled Its Holdings Of AAPL Stock In 2015
Zero Hedge / Posted 8 days ago
In the spring of 2015 we showed something unexpected: one of the biggest buyers, and holders, of AAPL stock was none other than the already quite troubled - in the aftermath of its disastrous Swiss Franc peg which ended up costing it tens of billions... Read more
8d
USA Today
Bond markets throw investors for a loopBond markets are doing exactly what most people thought they wouldn't do, and t
Bond markets throw investors for a loop
USA Today / Posted 8 days ago
Bond markets are doing exactly what most people thought they wouldn't do, and that's putting savers in a bad spot, again. The yield on the 10-year Treasury - which moves opposite its price - has cratered 18% this year to 1.87% through Friday to... Read more
8d
Otago Daily Times
Negative interest rates make bank deposits pointlessThe surprise decision by the Bank of Japan to implement a negative interest rat
Negative interest rates make bank deposits pointless
Otago Daily Times / Posted 8 days ago
The surprise decision by the Bank of Japan to implement a negative interest rate once again puts the spotlight on this unconventional monetary policy tool. The Bank of Japan now joins the European Central Bank, the Swedish Central Bank, the Danish... Read more
3 related stories
9d
Swissinfo
SNB Foreign Currency Holdings Hit Record Amid Depreciating Franc(Bloomberg) -- Switzerland’s foreign currency reserves increased 3 percent to a
SNB Foreign Currency Holdings Hit Record Amid Depreciating Franc
Swissinfo / Posted 9 days ago
(Bloomberg) -- Switzerland’s foreign currency reserves increased 3 percent to an all-time high in January, boosted by the franc dropping against the euro and the dollar. The Swiss National Bank had foreign currency reserves worth 575.4 billion... Read more
10d
Swissinfo
SNB’s Zurbruegg Says Franc Less Attractive Than Yen to Investors(Bloomberg) -- Investors appear to be less interested in the Swiss franc and ar
SNB’s Zurbruegg Says Franc Less Attractive Than Yen to Investors
Swissinfo / Posted 10 days ago
(Bloomberg) -- Investors appear to be less interested in the Swiss franc and are instead favoring the Japanese yen, according to Swiss National Bank Vice President Fritz Zurbruegg. “The yen is a bit of the save haven at the moment,” Zurbruegg said... Read more
10d
Zero Hedge
How Low Can The Bank Of Japan Cut Rates? Ask GoldAs we noted last night, in what was the second clear example of sheer desperati
How Low Can The Bank Of Japan Cut Rates? Ask Gold
Zero Hedge / Posted 10 days ago
As we noted last night, in what was the second clear example of sheer desperation by the Bank of Japan, the central banker formerly known as Peter Pan for his on the record belief that "he should fly", and as of this morning better known as Peter... Read more
2 related stories
12d
Swissinfo
SNB Officials Keeping Close Eye on ECB Actions, Jordan Says(Bloomberg) -- Swiss National Bank President Thomas Jordan said he’s keeping ta
SNB Officials Keeping Close Eye on ECB Actions, Jordan Says
Swissinfo / Posted 12 days ago
(Bloomberg) -- Swiss National Bank President Thomas Jordan said he’s keeping tabs on actions taken by his counterparts in the euro area and doesn’t see the risk of a currency war even as more stimulus looms. “We observe clearly what’s happening in... Read more
12d
Market Watch
Fed’s Fischer: Negative rates are ‘working more than I expected’Fed Vice Chairman Stanley Fischer WASHINGTON (MarketWatch) — Pushing interest
Fed’s Fischer: Negative rates are ‘working more than I expected’
Market Watch / Posted 12 days ago
Fed Vice Chairman Stanley Fischer WASHINGTON (MarketWatch) — Pushing interest rates into negative territory has been surprisingly successful in helping ailing economies, the No. 2 official at the Federal Reserve said Monday. Negative interest rates... Read more
12d
Market Watch
How the Federal Reserve could prevent a currency war with ChinaLONDON (MarketWatch) — One key element that is missing in the incomplete archit
How the Federal Reserve could prevent a currency war with China
Market Watch / Posted 12 days ago
LONDON (MarketWatch) — One key element that is missing in the incomplete architecture of the developing multicurrency reserve system is a swap line between the U.S. and China. It is time that the world’s two largest economies filled this lacuna by... Read more
13d
TheStreet.com
Negative interest rates in Japan: What does it mean for U.S. stocks?This past Friday, the Bank of Japan (BOJ) took the momentous step of cutting th
Negative interest rates in Japan: What does it mean for U.S. stocks?
TheStreet.com / Posted 13 days ago
This past Friday, the Bank of Japan (BOJ) took the momentous step of cutting the interest rates for commercial banks to negative 0.1%. This means that commercial banks will essentially be charged to keep money with the BOJ, which will hopefully serve... Read more
55 related stories
13d
Market Watch
Swiss manufacturing output stalls in JanuaryZURICH--Switzerland's manufacturing output stalled in January with companies ho
Swiss manufacturing output stalls in January
Market Watch / Posted 13 days ago
ZURICH--Switzerland's manufacturing output stalled in January with companies hovering on the threshold between growth and decreasing production as they continue to adjust to the elevated level of the Swiss franc. The Swiss Purchasing Managers' index... Read more
13d
The New Zealand Herald
Dollar hits three-week high while Japan's yen weakensThe kiwi gained to 64.69 US cents at 8am in Wellington, from 64.44 cents at 5pm
Dollar hits three-week high while Japan's yen weakens
The New Zealand Herald / Posted 13 days ago
The kiwi gained to 64.69 US cents at 8am in Wellington, from 64.44 cents at 5pm yesterday. Photo / iStock The New Zealand dollar hit a three-week high against the yen after the Bank of Japan introduced a negative interest rate policy, weakening its... Read more
10 related stories
13d
NZCity
NZ dollar rises against yenThe New Zealand dollar hit a three-week high against the yen after the Bank of
NZ dollar rises against yen
NZCity / Posted 13 days ago
The New Zealand dollar hit a three-week high against the yen after the Bank of Japan introduced a negative interest rate policy, weakening its currency. The kiwi touched 79.08 yen, and was trading at 78.51 yen at 8am in Wellington, from 77.96 yen at... Read more
10 related stories
13d
Herald Sun
NZ dollar rises against yen The New Zealand dollar hit a three-week high against the yen after the Bank o
NZ dollar rises against yen
Herald Sun / Posted 13 days ago
The New Zealand dollar hit a three-week high against the yen after the Bank of Japan introduced a negative interest rate policy, weakening its currency. The kiwi touched 79.08 yen, and was trading at 78.51 yen at 8am in... Read more
10 related stories
13d
The Courier Mail
NZ dollar rises against yen The New Zealand dollar hit a three-week high against the yen after the Bank o
NZ dollar rises against yen
The Courier Mail / Posted 13 days ago
The New Zealand dollar hit a three-week high against the yen after the Bank of Japan introduced a negative interest rate policy, weakening its currency. The kiwi touched 79.08 yen, and was trading at 78.51 yen at 8am in... Read more
10 related stories
13d
Zero Hedge
"Time To Panic"? Nigeria Begs World Bank For Massive Loan As Dollar Reserves Dry UpHaving urged "don't panic" just 4 short months ago, it appears Nigeria just did
"Time To Panic"? Nigeria Begs World Bank For Massive Loan As Dollar Reserves Dry Up
Zero Hedge / Posted 13 days ago
Having urged "don't panic" just 4 short months ago, it appears Nigeria just did just that as the global dollar short squeeze forces the eight-month-old government of President Muhammadu Buhari to beg The World Bank and African Development Bank for... Read more
14d
Times of Malta
Volatility in the equity market – should investors be worried?What a start to 2016! Very few would have predicted such a dramatic opening to
Volatility in the equity market – should investors be worried?
Times of Malta / Posted 14 days ago
What a start to 2016! Very few would have predicted such a dramatic opening to the year as the global stock markets manifested one of the worst starts to a year in history. A plunge in the Chinese market sparked fears around the world of another... Read more
15d
Market Watch
Critics slam Bank of Japan’s negative interest-rate moveThis might not be the sort of capitulation stock-market investors were anticipa
Critics slam Bank of Japan’s negative interest-rate move
Market Watch / Posted 15 days ago
This might not be the sort of capitulation stock-market investors were anticipating. The Bank of Japan’s surprise decision Friday to start charging depositors for parking excess reserves at the central bank triggered a global equity rally. But... Read more
15d
Market Watch
This map shows all the central banks with negative interest ratesThe Bank of Japan on Friday became the latest central bank to move its deposit
This map shows all the central banks with negative interest rates
Market Watch / Posted 15 days ago
The Bank of Japan on Friday became the latest central bank to move its deposit rate into negative territory. By doing so, the BOJ thrust the theme of monetary-policy divergence—which market strategists pointed to as the main driver behind the... Read more
16d
Market Watch
What you need to know about the Bank of Japan and negative interest ratesThe Bank of Japan brought the thunder Friday, shocking investors and economists
What you need to know about the Bank of Japan and negative interest rates
Market Watch / Posted 16 days ago
The Bank of Japan brought the thunder Friday, shocking investors and economists after it pushed a key interest rate into negative territory in its latest attempt to reinflate the country’s economy. Here’s what you need to know about negative rates... Read more
55 related stories
16d
Channel NewsAsia
BOJ stuns markets with negative interest rates: What you need to knowSINGAPORE: In an unexpected move on Friday (Jan 29), the Bank of Japan (BOJ) de
BOJ stuns markets with negative interest rates: What you need to know
Channel NewsAsia / Posted 16 days ago
SINGAPORE: In an unexpected move on Friday (Jan 29), the Bank of Japan (BOJ) deployed a new weapon in the central bank’s efforts to drive up inflation: a negative interest-rate policy. WHAT IT MEANS: Under the new program, the BOJ will apply an... Read more
75 related stories
16d
Business Insider
This is how a central bank could kill off cash with negative interest ratesIdeas that would have been considered crazy just a decade ago are now seen as m
This is how a central bank could kill off cash with negative interest rates
Business Insider / Posted 16 days ago
Ideas that would have been considered crazy just a decade ago are now seen as much more likely. In fact, Japan was latest in a growing line of countries that stunned financial markets by taking official interest rates into negative territory. The... Read more
16d
Business Insider
The Bank of Japan just stunned global markets by announcing negative interest ratesVoting 5-4 in favor of the measure, the bank stated that it will charge an inte
The Bank of Japan just stunned global markets by announcing negative interest rates
Business Insider / Posted 16 days ago
Voting 5-4 in favor of the measure, the bank stated that it will charge an interest rate of -0.1% for excess reserves parked at the bank by financial institutions. It also noted that it will be willing to cut interest rates further if deemed... Read more
55 related stories
16d
Swissinfo
Swiss Franc’s Journey From Haven During Turmoil to Pimco Pariah(Bloomberg) -- The Swiss franc’s reaction to the latest gyrations in global mar
Swiss Franc’s Journey From Haven During Turmoil to Pimco Pariah
Swissinfo / Posted 16 days ago
(Bloomberg) -- The Swiss franc’s reaction to the latest gyrations in global markets is raising questions about its traditional role as a haven. The franc has fallen this month even as stocks around the world entered bear markets, and it’s now weaker... Read more
3 related stories
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