Switzerland SNB Foreign Exchange and Swiss Franc Investment Update

The Swiss National Bank Released it’s Foreign Exchange Reserves and Swiss Franc Bond Investments (end of Q3 2017) and filed its U.S. stock holdings with the SEC. 40% of it’s investments are in the euro with 35% in the U.S. Dollar. 68% in Bonds and 20% in stocks.

Swiss National Bank With $88 Billion in U.S. Stocks Now One of The Largest & Most Influential

The Swiss National Bank (SNB) has been stealthly investing internationally with it’s foreign currency holdings at the end of September worth SFr760bn. A fifth of the foreign currencies are invested in equities throughout Europe, the US and emerging economies. $88 billion in U.S. stocks alone.

Regulators Warn of Machine Learning, Shadow Banking and Artificial Intelligence

The Group of 20 Economies (G20) financial regulator, the Financial Stability Board (FSB) warned about replacing humans with artificial Intelligence (AI) and Machine Learning. In a world of Ponzi, Fiat and shadow banking we have a new layer upon us.

Outstanding Foreign Bank Loans To China Rise 25% to $750 Billion

Chinese foreign debt has soared after contracting in 2015 and 2106 we have seen a third consecutive quarterly increase by Q2 2017  in lending to China the BIS reports. The annual growth rate is now a brisk 25% The banking systems with the largest claims are United Kingdom, United States, Japan, Chinese Taipei and France.

Lending to China Soars While Credit to Other Emerging Markets Fall

The first half of the year saw a rush of cross border credit to China while cross border credit to advanced economies and most emerging markets fell, the largest falls were to  borrowers in Chinese Taipei (Taiwan), Brazil and Poland the Bank of International Settlements (BIS) said.

Labor Markets Tight But Still Modest Wage Pressure – Federal Reserve Beige Book

The Federal Reserve released it’s Biege Book Wednesday with the focus on wages and labor markets. The labor market continues to confound the bankers as despite a tight labor market restraining growth wage pressure remains modest.