empty
 
 
Swiss central bank owns record $94 billion in US stocks
20-11-2019 14:12
Swiss central bank owns record $94 billion in US stocks
Swiss central bank owns record $94 billion in US stocks

In Europe, there is such a saying: "No money, no Swiss." Switzerland is famous for its banks which have become synonymous with reliability, wealth, and success. The banking sector makes a significant contribution to the success of the country. Therefore, you can safely assume that the local central bank chooses assets for investment very carefully, and it is completely confident in its choice. According to the Swiss central bank, the total holdings of US stocks have reached a record high valued at $94.1 billion. Its investment portfolio is loaded up with the stocks of tech giants. The Swiss National Bank's top holdings are Apple and Microsoft, which shares account for 3.63% and 3.58%, respectively. They are followed by Amazon, Facebook, and Google with shares held of 2.55%, 1.50%, and 1.34%, respectively. The Central Bank of Switzerland has been actively buying up stocks of American companies since global central banks launched their quantitative easing programs. Interestingly, the Swiss Central Bank is thus intentionally or accidentally helping Donald Trump "make America great again". As a result, the Swiss National Bank's actions have partly contributed to the substantial growth of the US equity market indices. At the same time, the local central bank could hardly buy up securities without confidence in the potential for profits.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback