What is surprising is the lack of comment about low inflation and the impact on inflation rates everywhere of fresh slowdowns. Globally business is extremely competitive with plenty of extra capacity. Call me old fashioned but you don't need ...

Shades of Q4 18?

CHF is still a safe haven currency so yes, the markets care very much about it especially in these days of political intervention, posturing and pretence while business decisions wait or are designed around the turbulence. Yes, SNB sees the danger ...

SNB’s Maechler: SNB Is Further Willing To Intervene In FX Markets

No mention of deflation is a big weakness in this article. But no mention at all of the rate of CPI change is not defensible.

Impeachment? Maybe. Recession? Yes.

A certain group described the US economy as very strong but with no sign of inflationary pressure and therefore deserving of a 50 BP interest rate cut. The outlook is clearly shifting to a less strong domestic economy and an even less strong global ...

Williams: You Want To See Some Inflation Buffer So That Interest Rates Can Be Cut

An old toy was two boxers destined to fight each other forever being attached to a metal cylinder with strings beneath. This is my image of Ireland. Hatred is passed on through the generations - but so is love. Countries, like people, are free to ...

DUP Sources: ‘Happy’ With Reports Of New UK Plan – BBC

A great deal to digest in this unusually comprehensive article. I find it sometimes but not always healthy to compare conditions across history because the differences matter. However I'm sure Ray has made more money than me! Three thoughts. 1) ...

The Threat to Limit Capital Flows to China and Pending Impeachment Conflict: Next Logical...

Pseudo science.

Here’s what Goldman Sachs says a Brexit deal would do to British pound, U.K. stocks

Impregnable CHF on the back foot.

Swiss retail trade fell in August 2019

All time highs tell you nothing about value. It's one of those media bells innocent jornos ring to sound important but mean nothing. If you think ath are meaningful please let me know and I can expand further.

World GDP Growth to Hit an Eight-Year Low in 2020

Well done, USA administration! Never before has a Government carried out so reckless a plan at the risk of its own and other countries' welfare in peacetime. Economic theory and practice gives us many lessons but not as roundly instructive as this ...

World GDP Growth to Hit an Eight-Year Low in 2020

Fed distinguishes between temporary sources of price increase and ongoing inflation pressure. Oil prices are well in check. Tariffs are a negotiating ploy aren't they? If they are not then Trump has the problem not the Fed.

The Fed's worst nightmare could be around the corner

Inflation expectations do not always depend just on recessionary expectations. Clearly in this cycle inflation itself has not been a problem and deflation may be imminent without recession. Deflation is great for bonds.

Who Wants to Bet against the Yield Curve: Is This Time Different?

Japan just does not have the political will or process to implement market reforms - often referred to elsewhere as re-structuring. It is not a market economy in the usual sense.

Japan lifts consumption tax amid recession fears

Yes from now on it's the Super 3 versus each other - USA, EU, China (65% of global GDP) - for trade rules and for all other countries a weakened WTO. This is the new norm.

Fed Up With U.S. Trade Tactics, Europe Eyes Its Own Escalation

China has 1.4 billion people about 4 times the size of USA. It is not a country to be simplified for tweeters. Probably USA attacks are helping CCP since they support the same messages as hardliners (suspicion of outsiders). Just as the Pentagon ...

"This Is Huge": A Shocked Wall Street Reacts To Today's "Ludicrous" China...

No country was forced to join the EU. Incompetence in economic management was generally the main reason behind so many countries lining up beside Germany, including France. EU has succeeded in implementing wide and deep reforms which are bearing ...

Hungary will remain part of the European Union, PM Orban says

It won't be Switzerland's.

SNB's Moser: He wouldn't be surprised to see a first central bank issue its own digital...

I can't believe this is a story of any interest to forex traders.

China Ventures Into the Night Economy in Latest Quest for Growth

Thank you, Ross. You describe what I feel which is that there is an unholy mess about to happen and delays to the kind of future we would be proud to pass on to our kids. As a financial analyst I have been in many situations in which the politics, ...

U.K. Consumers Are ‘Treading Water’ as Brexit Approaches Climax

When I look at an elephant I see a tortoise.

Has Australia Really Had a 28-Year Expansion?