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Showing 11 - 20 of 41 results for "Swiss National Bank"

Gloom and doom news is good news

BENJAMIN ONG  |  MONDAY, 24 AUG 2015
... central banks - US Federal Reserve, European Central Bank, Bank of Japan, Bank of England, Bank of Canada, Swiss National Bank. The only problem I have is determining if markets have already bottomed or whether there's more in store before the central ...

PBOC does an SNB

BENJAMIN ONG  |  THURSDAY, 13 AUG 2015
... the yuan has strengthened against all the other major currencies. Could it be that the PBOC is just doing a Swiss National Bank (SNB) - when it abandoned its defence of the franc early this year - in anticipation of being drowned by the flood of franc ...

Fedcident waiting to happen?

BENJAMIN ONG  |  FRIDAY, 26 JUN 2015
... high this month (when the Greek saga went from simmer to boil) and way below the 2015 high of 22.39 (when the Swiss National Bank abandoned its defense of the Swiss franc - 15 January). Yup, the SNB brought more fear in the market - not one expected ...

You sexy thing

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2015
... the bottom and those that have already hit the pavement are digging some more with negative interest rates (Swiss National Bank) or QE-ing (BOJ and ECB). All designed to shoo investors away from their national legal tenders and towards the arms of the ...

When Harry met Sally syndrome

BENJAMIN ONG  |  MONDAY, 2 FEB 2015
... banks - big and small - are getting the 'when Harry met Sally syndrome' - "I'll have what she's having". The Swiss National Bank jumpstarted it all with its "surprise" decision to abandon its CHF1.20/euro peg. This was the same time as the Reserve Bank ...

Central bank surprises

BENJAMIN ONG  |  THURSDAY, 22 JAN 2015
... far, we've gotten central bank surprises a-plenty... and they're not kinder surprises either. We've seen the Swiss National Bank (SNB) stomp the CHF1.20/euro line in the sand it drew way back in September 2011 and the Reserve Bank of India (RBI) lower ...

Market Wrap AM

AAP  |  WEDNESDAY, 21 JAN 2015
... of a $US300 million ($A324.59 million) loan was enough to cover unbacked client losses sustained after the Swiss National Bank's unexpected decision Thursday to abandon the cap on the franc-euro rate. But since then details of Leucadia's deal suggested ...

That other surprise

BENJAMIN ONG  |  TUESDAY, 20 JAN 2015
There's no question about it... the Swiss National Bank's (SNB) surprise move was the biggest story in the financial markets last week. So huge that it eclipsed everything else. It eclipsed the plunging oil price and the dropping copper price -- the ...

So sure it's certain

BENJAMIN ONG  |  MONDAY, 19 JAN 2015
... certainty comes only once, no matter how many lifetimes you live". In fact, so certain of an ECB QE was the Swiss National Bank (SNB) that it bet its house when it removed the CHF1.20 per euro ceiling last week. The resulting sharp appreciation of the ...

Market Wrap AM

AAP  |  MONDAY, 19 JAN 2015
... 0.79 per cent to 6,550.27 points. Meanwhile Switerzerland's SMI tumbled 5.96 per cent, still reeling from the Swiss National Bank (SNB) abruptly ending Thursday its policy to hold down the value of the franc, which saw the currency soar. The SNB came ...