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The most accurate dollar forecasters predict the world's reserve currency will continue sliding, even when the Federal Reserve begins to raise interest rates, which policy makers say is an "extended period" away.Standard...
Flash purchasing managers index reports for major European economies are due on Monday, headlining a moderate day for European economic news. Retail sales data for September is due from Hungary's Central Statistical Office at...
FRIBOURG, Switzerland, Nov 20 (Reuters) - Markets are confident that central bankers will drain excessive liquidity if needed, Swiss National Bank chief Jean-Pierre Roth said on Friday. 'We have the have the necessary means to...
The Swiss National Bank (SNB) usually keeps a tight rein on the Swiss M3 money supply, limiting its growth rate to a 3% annual clip ... This year, the SNB has ratcheted-up the growth rate of the M3 money supply to an 8%...
Quote: ‘There’s a blush for won’t, and a blush for shan’t, And a blush for having done it: There’s a blush for thought and a blush for naught, And a blush for just begun it’. John Keats (1795-1821-) The News: US House Committee...
It is glittering again for the time being.... gold (Keystone) The surge in the price of gold is likely to continue, in the face of a weakening dollar and the threat of hyper-inflation in the United States. The Reserve Bank of...
UBS wants to grow, but its supervisors want it to shrink “I’D LIKE to see us put more risk on the table and actually trade a bit harder.” In these times, such words from any banker might be enough to cause a little concern....
Switzerland's banking sector must be put under higher-than-average regulatory standards to lessen the country's vulnerability to financial shocks in the future, Swiss National Bank Vice-Chairman Philipp Hildebrand said on...
Governments must swiftly tackle the problem of banks that are too interconnected to major economies or too big to fail, a Swiss central banker warned Wednesday. Not doing so would increase the risk that a future crisis could...
Switzerland's central bank chief has warned that 'old reflexes' were returning to the financial world despite pledges for a turnaround from the risky behaviour that precipitated the recent crisis. Jean-Pierre Roth, who is also...
