Swiss PPI

December 14, 2011 by · Leave a Comment 

Swiss PPI m/m came in at -0.8%, weaker than the -0.2% expected.

Usd/Chf and Eur/Chf unaffected by number trading at .9470 and 1.2325 respectively.

Bobbys Corner-Open Market-December.12.2011

December 12, 2011 by · Leave a Comment 

Good Morning:

The USD and JPY rose as investors seek out safe haven assets as the European debt crisis continues to cause havoc in the marketplace.
It seems that some of the “crisis fighting” measures that have been put in place are not enough-as European borrowing costs are continuing to rise.
Moody’s Investor Services will again review the ratings of European Union countries after last weeks summit did not produce any real initiates to put and end to the debt crisis.
S&P also made comments that the EU summit made some progress, but did not come away with any concrete decisions.
The CHF also fell versus the USD as investors continued concerns that European leaders have not come up with an agreement to reign in the debt crisis, thus causing investors to seek assets with less ties to the Euro Zone.

Asian equity markets were mixed-Europe is lower-and US Futures are pointing to a lower opening this morning.
 
Gold and Silver and Oil are all lower.

HAVE A GREAT DAY & GOOD LUCK

Swiss Unemployment Rate

December 7, 2011 by · Leave a Comment 

Swiss Nov. Unemployment Rate came in at 3.0%, better than the 3.1% expected.

Not much affect on CHF as Usd/Chf trades at .9242 and Eur/Chf at 1.2428.

Swiss CPI down 0.2% from previous month

December 6, 2011 by · Leave a Comment 

A 0.1% gain was expected.

Eur/Chf up 40 points to 1.2390 after release.

SNB foreign currency reserves fell to 229.3 bln francs from 242.7 bln

December 6, 2011 by · Leave a Comment 

The CHF strengthened marginally with Usd/Chf off 7 points to .9258 and Eur/Chf down to 1.2361.

Swiss SVME PMI

December 1, 2011 by · Leave a Comment 

Swiss SVME PMI came in at 44.8, weaker than the 46.6 expected.

Usd/Chf trades at .9127 and eur/Chf at 1.2258, unaffected by number as eyes are still set on market commentary from eurozone economic leaders.

Swiss GDP up 0.2% q/q, as expected

December 1, 2011 by · Leave a Comment 

Eur/Chf off about 15 points since release, to 1.2293.

Swiss KOF economic barometer weaker than expected at 0.35 vs. 0.65

November 30, 2011 by · Leave a Comment 

Usd/Chf made a new session high of .9247 and Eur/Chf to 122.89, also a new high.

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