Research Market strategy
by Swissquote Analysts
USD/CHF has completely collapsed last week as it fell as much as 2.60%, sliding from 1.0015 to 0.9755, following the Jerome Powell’s dovish performance during the last FOMC press conference. The fall in US interest rates has suppresse...
24.06.2019
Here we go again. A standing philosophy in our understanding of asset prices for the last 12 years has been that central bank’s policy is the dominant factor. The Fed and ECB have signaled a willingness to backstop risk with additiona...
21.06.2019
Yesterday FOMC was unspectacular, as interest’s rate was kept unchanged, the key takeaway was clear. By removing the “patient” from the official stated, the Federal Reserve has to shift into a dovish bias. Their economic assessment wa...
20.06.2019
Global equities went through the roof yesterday amid hints from Mario Draghi that the ECB was ready to launch another round of stimulus should inflation fails to accelerate. The EuroSTOXX 50 jumped as much as 2.60% to 3,458 points, th...
19.06.2019
Almost six months have passed since the European Commission finally decided in favor of a last-minute six-month extension period of Switzerland’s stock exchange under MiFID II rules. While the equivalence period ends in 30 June 2019, ...
17.06.2019
Overall risk sentiment remains weak after reports of attacks on two oil tankers in the Gulf of Oman. US equity markets closed higher due to rally in energy stocks, US yields fell, while oil and gold prices bounced. Classic safe-haven ...
14.06.2019
Even stretched, we doubt that today’s SNB Monetary policy assessment and following press conference will have any profound or global ramifications. The small, open Alpine country is at the mercy of larger superpowers. Policy setting i...
13.06.2019
Demonstrations in Hong Kong over the extradition bill might be overshadowed by activity in the local FX market. Hong Kong dollar has risen to its strongest level against the USD in today trading at HIBOR has surged. HKD remains the re...
12.06.2019
We always felt Trump tariff on Mexican goods was a bluff. However, coming off unending negative headlines, the move was plausible enough. If the rumor is true in a closed-door meeting over the Republicans threatened to block Trump Mex...
11.06.2019