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(1) CHF: No Breather For The SNB (5 min read) EURCHF has been rangebound this year with the SNB intervening to top up reduced outflows versus the still-large current account surplus. FX strategist Reuven Benichou gives his take on what could break the current range.
(Reuven Benichou │ 21st September, 2020)
(2) Will The Supreme Court Race Disrupt Biden’s Lead? (1 min read) I look at how the recent death of Supreme Court Justice Ruth Ginsburg will impact the election outcome. Biden’s funding has surged since Friday while for Trump this could shift the focus away from COVID.
(Bilal Hafeez│ 21st September, 2020)
(3) Key Events: Week Of 21 September (1 min read) Lots of Fedspeak plus monetary policy meetings in Sweden, Norway and Switzerland are the focus this week. Flash PMIs are the main data highlight. In EM, rate meetings in Mexico and Turkey on Thursday are key to watch.
(Dominique Dwor-Frecaut│ 21st September, 2020)
What Ruth Bader Ginsburg’s Death Means for America (The Atlantic, 5 min read)
Gold Will Outperform Stocks Until Inflation Surges (Seeking Alpha, 4 min read)
Why inflation in the US has been so stable since the 1990s (Vox EU, 7 min read)
How Traders Used Google Searches To See The Economic Recovery In Real Time (Bloomberg Odd lots, 41 min listen)
Bitcoin as an Investment (Twitter, 3 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)