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Posts from the ‘Principal Global Fixed Income’ category

Swiss Currency Move Shocks Global Markets



On 15 January, the Switzerland’s central bank, the Swiss National Bank (SNB), surprised – no, shocked – economists and markets alike when it announced that it had abandoned the floor for their currency, the Swiss franc (CHF). Introduced in 2011, a minimum exchange rate target has been…

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Will Greece Slip on Its Road to Economic Recovery?



The Greek parliament has failed to elect a new president through three rounds of voting, and it will now call a snap election in late January. Polls currently suggest that Syriza, a left-wing anti-establishment party, will emerge as the single largest party in a new parliament. However, it’s not…

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