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1 Nov 2017

SNB's Zurbruegg: Measures have helped cool market, but too soon to give all clear

SNB Vice Chairman Fritz Zurbruegg delivered his speech titled "Credit, debt and growth" at the University of Berne, with key quotes, via Reuters, found below.

"Low interest rates remain necessary to prevent upward pressure on Swiss franc."

"persistently low interest rates are risky for financial stability."

"imbalances remain in Swiss real estate and mortgage market."

"Measures have helped cool market, but too soon to give all clear."

Nov 1, 2017

US ISM: Despite retreat in headline, production remains strong - Wells Fargo

According to analysts from Wells Fargo,  today’s ISM Manufacturing report shows encouraging underlying details and signals continued strength...
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Nov 1, 2017

EUR/GBP: cluster of technical support holds, BoE next major risk, but . . .

EUR/GBP made a fresh low overnight, the lowest since mid-June, before bouncing hard from 0.8738 to 0.8783 the high.  The UK data in the manufacturing
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