Pfäffikon SZ, Switzerland – For our Thirteen Diversified Fund we performed the following transaction(s) today: All purchases and sales are automatically processed in the Portfolio during the day. Once a month the performance of Thirteen Diversified Fund is calculated and published. Our Participants can follow Thirteen Diversified Fund’s Portfolio online. We sold: S&P 500 Futures […]
Weekly Market Outlook: Pfäffikon SZ, Switzerland – That the president of the ECB – Mario Draghi – is a determined man, we already knew for a while. Draghi will stimulate the European economy by buying bonds in the amount of no less than 1.14 billion euros, a measure we would have preferred to see instituted two years ago. […]
Weekly Market Outlook: Pfäffikon SZ, Switzerland – Last week, the Swiss National Bank (SNB) drew all the attention by releasing the pegging of the Swiss franc to the euro, and reducing the negative interest rates – 0.75%. This resulted in a shock wave in the financial world and caused for some forex trading brokers acute […]
Pfäffikon SZ, Switzerland – Where a small country can play a big role. The shock among currency trader and investors was great when the Swiss National Bank (SNB) decided to release its peg to the euro. The result was the exchange rate tumbling below parity and the stock market in Zurich losing 8.9%. “The SNB […]