Swiss KOF Economic Barometer -0.17 vs -0.06 expected
January 27, 2012 by Vincent Facchino · Leave a Comment
Usd/Chf and Eur/Chf unaffected by news, trading at .9216 and 1.2063 respectively.
Swiss PPI rises 0.3% in December, a 0.3% decline was expected
January 16, 2012 by Vincent Facchino · Leave a Comment
Usd/Chf trades at .9525, unaffected by number.
Swiss retail sales
January 9, 2012 by Vincent Facchino · Leave a Comment
Swiss retail sales y/y came in at 1.8%, stronger than the 0.6% expected.
Usd/Chf is off about 5 points since release, trading at .9532.
Swiss CPI down 0.7% from prior year, a 0.6% decline was expected
January 6, 2012 by Vincent Facchino · Leave a Comment
CPI down 0.2% from prior month, a 0.1% drop was expected.
Usd/Chf trades at .9535, relatively unchanged.
KOF Institute cuts Swiss 2012 GDP forecast to 0.2% from 1.5% previous estimate
December 16, 2011 by Vincent Facchino · Leave a Comment
Eur/Chf trades just off highs at 1.2242.
Bobbys Corner-Open Market-December.15.2011
December 15, 2011 by Bob Slade · Leave a Comment
Spain sold more than 6 billion euros of debt today-higher than the 3.5 billion euros targeted. Spain sold 5,9 and 10 year notes. The yields were a bit higher than the Oct 20 auction-but certainly within expected yield returns.
Some investors look at today’s auction as a possible sign that the regions debt crisis is not worsening.
CHF firmed up this morning as the Swiss National Bank stayed the course and kept their monetary policy stable. The have left the CHF pegged at 1.20 euros.
Ernst & Young LLP commented that the “EU may fall back into recession, as the new plan that was delivered by European leaders last week has not eliminated the risk of a breakup”. The 17 euro nations will probably show negative growth this year-and very little growth for 2012.
Asian equity markets were soft overnight-but European equity markets are in positive territory. US Futures are also higher at this time.
Oil,Gold and Silver are all higher today.
HAVE A GREAT DAY & GOOD LUCK
SNB leaves currency limit at 1.2000 for Eur/Chf
December 15, 2011 by Vincent Facchino · Leave a Comment
* leaves target for 3 month LIBOR at 0.0%
* SNB ready to take further measures if needed
Swiss Industrial Production down 1.4% for 3rd Q
December 15, 2011 by Vincent Facchino · Leave a Comment
Swiss Industrial Production q/q came in at -1.4%, weaker than the -.09% expected.

