CATEGORY: Macroeconomics

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Thumbs down for Swiss watch exports in April

Swiss watch exports resumed a losing streak in April hurt by weakness in the key markets of Hong Kong and the U S and weighed [...]

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Swiss franc overvalued: keep policy and ready, SNB chairman said

The Swiss National Bank SNB will maintain its ultra-loose monetary policy to help rein in the strong franc Chairman Thomas Jordan Swiss told Italian-language newspaper [...]

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SNB: negative interest rates is the necessary policy

The Swiss National Bank's SNB policy of negative interest rates is not ideal but is nevertheless necessary in order to weaken Switzerland's significantly overvalued currency [...]

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New 20 Swiss franc note smaller and brighter

The Swiss National Bank unveiled the second note in its new banknote series on Wednesday The new franc note which will be in circulation from [...]

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Switzerland: Unemployment dropped in April

The Swiss State Secretariat for Economic Affairs SECO reported Tuesday that percent of Switzerland's working population was jobless in April down from percent in March [...]

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Switzerland: frontier workers increased yet in 2017

In Switzerland frontier workers are up compared with the same period in down on the previous quarter Workers from borders increased in Ticino by over [...]

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Swiss wages better last year, but under 1% Wall-increase

Last year Swiss nominal wages recorded an average increase of over For the fifth consecutive year the increase remained below the threshold In majority the [...]

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SNB: foreign currency larger than Swiss GDP

Switzerland's central bank posted a profit of billion Swiss francs billion in the first quarter it said Thursday boosted by gains from the huge foreign [...]

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UBS consumption index : pessimism in retail still persists

Switzerland's private consumption growth continued to remain around its long-term average survey data from the UBS investment bank showed Wednesday The UBS Consumption Indicator stood [...]

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SNB watches over French elections to release pressure on franc

The Swiss National Bank stands ready to defend the franc with interest-rate cuts and market interventions if investors pile into the haven currency in response [...]

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