30 minutes after the SMI closure, we dive into the financial markets which are at the heart of the global economy. By reporting on the national as well as the international stock exchanges, we stress the links between Switzerland and the rest of the world. Our renowned guests play a key role to help us explain and understand the financial world.
The fall in global share prices represents a wakeup call for investors. But Nicolas Bürki, an analyst and portfolio manager at Mirabaud Asset Management says recent positive earnings should calm concerns.
Swiss banking giant Credit Suisse may have delivered their results for 2017, but the main question on everyone’s lips concerns the new business model that CEO Tidjan Thiam presented in 2015. In an interview with CNNMoney Switzerland, the Julius Bär Analyst, Peter Casanova shared his view on the results, claiming progress has been made. Credit Suisse is half way through changing its business model.
The U.S. Consumer Price Index jumped 0.5 percent in January, well above market expectations. For Peter Rosenstreich, Head of Market Strategy at Swissquote, this is a sign of a deep-rooted trend in inflation. In an interview with CNNMoney Switzerland, he outlines why investors are setting prices for shares according to a predicted monetary policy but says this probably won’t signal the end of the upswing.
Ahead of Nestlé's results on February 15th, Jon Cox, head of Swiss Equities at Kepler Cheuvreux tells CNNMoney Switzerland the food giant could surprise investors with better margins than expected. As for L'Oréal’s readiness to buy back the 23% stake Nestlé has in the cosmetics firm, Cox says the Swiss group doesn't need that cash nor would such a transaction eventually create value.
A report by the consultancy firm Deloitte and BAK Economics on digital innovation shows that Switzerland is not doing good enough when it comes to productivity. In an interview with CNN Money Switzerland Bjørnar Jensen, Managing Partner Consulting at Deloitte Switzerland the impact of digitalisation has yet to make itself felt in productivity statistics.
Computerized trading algorithms are being accused for causing last week’s market corrections. But Jean-Marc Guillot, Group Treasurer at Edmond de Rothschild Switzerland doesn’t agree. In an interview with CNNMoney Switzerland, he says specific market conditions were responsible.
Eleanor Taylor Jolidon, Co-head Swiss & Global Equity at UBP tells CNNMoney Switzerland why Softbank is in talks to take a stake in Swiss Re. The Japanese conglomerate may become the first shareholder of the reinsurer giant. Softbank is seeking diversification and is probably interested in the database of Swiss Re to get a better view of the risks around the world, and may use that knowledge to try and disrupt an industry. The deal could be done through a capital increase. For Swiss Re, such a deal would be like “monetizing the activity of data collection it had over the years of its history."
Eric Breval is the managing director of Compenswiss, the CHF 36.8 billion Swiss Federal Social Security Funds. He acts as an active investor at annual general meetings. In an interview with CNN Money Switzerland, Breval explains why his fund refused to vote for the election or re-election of Richemont’s board members: "If you have been 15 to 20 years on the board probably, a little fresh blood wouldn’t be a bad idea."
It's not everyday that you can call yourself the biggest winner of the European blue chips. But Austrian chipmaker and Swiss-listed AMS has found a way - by riding on the wave of the Apple hype. CNNMoney's Olivia Chang caught up with AMS CEO Alexander Everke to discuss the company's record results in 2017 and what it means to be a part of the Apple family.
The Chairman of Credit Suisse tells CNNMoney Switzerland that digitalization is helping the banking industry work better. Urs Rohner doesn't see a risk of being disrupted by tech giants like Facebook or Google for now.
Steen Jakobsen, Chief Economist and Chief Investment Officer of Saxo Bank, gives Amanda Kayne a hawkish view on the global economy. He argues that the U.S. is late in the business cycle, China is in a downturn, Europe is in a mid-cycle and Japan just is just entering a positive cycle. In his view the market is underestimating the risk of recession.
As the stock market slumps, Burkhard Varnholt, the Chief Investment Officer Switzerland at Credit Suisse makes a case for the positives to be found in the markets. “The world economy is in fundamentally good health.” Maybe this he suggests was the trigger that lead to the fear of inflation.
If the Swiss franc stays weak UBS chief economist Daniel Kalt predicts that the Swiss National Bank (SNB) will try a first single interest rate hike by December. The UBS expert explains to CNN Money Switzerland that this comes even before the European Central Bank (ECB) completes its first move.
Romeo Lacher, Chairman of SIX Group, told CNNMoney Switzerland that he is bullish on the Swiss market performance in 2018, thanks to fresh records on Wall Street and European stock markets lifting sentiment. He expects between 4 to 6 Initial Public Offerings (IPOs) this year. On crypto currencies, Lacher warns investors to be cautious as bitcoin and its peers still pose "big risks".
In an interview with CNNMoney Switzerland, Roche CEO Severin Schwan looks ahead at the effects of U.S. tax reforms. Being one of the biggest taxpayers in the country in his view means Roche will be profiting more than average from the reform.
Following Boris Collardi's surprise resignation as CEO of Julius Baer last November, his deputy, Bernhard Hodler has been running the show. Speaking to CNNMoney Switzerland, Hodler says he has full support from the board to implement a strategy that focuses on Asia and Latin America.
CNNMoney Switzerland focuses on Santhera today. The Swiss pharmaceutical company announced preliminary, unaudited key financial figures for 2017. This after a setback last week and a huge drop of the share in the past year. The Company reports an increase of 21% year-on-year in net revenues to CHF 22.9 million. After publishing the results, for François Savari, CIO of Prime Partners in Geneva, not everything is negative on the company. Investing in biotech companies however remains a risk.
After his speech in Davos last week U.S. President Donald Trump is giving his first State of the Union address on Tuesday. CNN anchor Richard Quest visits CNNMoney Switzerland and talks about his views on the U.S. economy under Mr Trump.
WEF 2018 – What sets it apart? CNN’s Richard Quest tells Martina Fuchs it was always going to be a significant Davos. Whilst there’s good global growth between all the major economies, the emerging markets are not enjoying the same benefits. And the world’s leaders may be in town but do any of them have as strong a hand as Trump?
Vas Narasimhan talks about impact of US tax reform on Novartis, Digitalization and the Swiss market.