Nordic & Swiss Chart Pack Recoveries slowing, but Nordics are still well placed The slowdown in the pace of monthly GDP growth in Norway in August was driven in large part by a fall in consumer spending. The post-lockdown spending splurge on goods appears to have peaked before... 13th October 2020 · 5 mins read
Nordic & Swiss Chart Pack Norway’s fading rebound a warning sign for others Given Norway’s decision to re-open its economy comparatively early, its post-lockdown experience has been watched closely for clues as to how other economies could expect to fare. The latest monthly... 11th September 2020 · 5 mins read
Nordic & Swiss Chart Pack Recovery on track after comparatively shallow slump Compared to many of the larger euro-zone countries, the coronavirus remains relatively well under control in the Nordic countries and Switzerland. With the exception of Denmark, there are at this... 13th August 2020 · 5 mins read
Nordic & Swiss Chart Pack Nordic economies outperforming the euro-zone The various high-frequency data series that we have been following in our Recovery Trackers have indicated that activity in the Nordic economies has picked up sharply over the past three months... 13th July 2020 · 5 mins read
Nordic & Swiss Chart Pack Nordic economies closer to ‘normal’ than most The latest high frequency data indicate that economic activity in the Nordic economies has continued to recover in recent weeks, with trips to shops and restaurants now close to pre-crisis levels in... 12th June 2020 · 5 mins read
Nordic & Swiss Chart Pack Denmark ahead on the long road back to normality The estimates of Q1 GDP that have been released so far have been subject to all manner of health warnings and are liable to be revised, potentially significantly, over the coming quarters. Nonetheless... 14th May 2020 · 5 mins read
Nordic & Swiss Chart Pack Scale of the economic carnage is becoming apparent The scale of the economic damage in Switzerland and the Nordics following the imposition of draconian virus-related containment measures is becoming all too apparent. Business surveys have plunged... 8th April 2020 · 5 mins read
Nordic & Swiss Chart Pack Policy response to COVID-19 ramping up The policy landscape has changed dramatically over recent weeks and is shifting by the hour. Amid a raft of announcements in recent days, Denmark has grasped the nettle by closing schools and... 12th March 2020 · 4 mins read
Nordic & Swiss Chart Pack Coronavirus driving financial market moves The initial financial market reaction in Switzerland and the Nordics to the coronavirus followed the familiar pattern during times of uncertainty: the Swiss franc rose and Swiss bond yields tumbled on... 13th February 2020 · 10 mins read
Nordic & Swiss Chart Pack SNB to be forced to cut interest rates again The decision by the SNB to scrap its currency ceiling five years ago coincided with it slashing interest rates to a record low to reduce the attractiveness of holding Swiss francs. Alas, this... 16th January 2020 · 10 mins read
Nordic & Swiss Chart Pack Rally in the Swedish krona is unlikely to last What a difference a few months make; from being the worst performing G10 currency by some margin between the start of the year and late October, the Swedish krona has risen by about 3% against the... 16th December 2019 · 10 mins read
Nordic & Swiss Chart Pack Swiss deflation is here to stay Inflation in Switzerland fell below zero for the first time in nearly three years in October and business surveys suggest that it will remain in negative territory until at least early 2020. (See... 15th November 2019 · 10 mins read
Nordic & Swiss Chart Pack NOK to fall further before reversing course next year While the Swiss and Swedish economies appear to have contracted in Q3, mainland GDP growth in Norway is chugging along nicely. And even though activity is set to slow in 2020, Norway will remain a... 17th October 2019 · 10 mins read
Nordic & Swiss Chart Pack Ups and downs in Swiss bonds echo Bitcoin frenzy The ebbs and flows in investor risk appetite in recent months have resulted in a rollercoaster ride for the Swiss government bond market. The run-up in the price of Swiss 50-year government bonds... 13th September 2019 · 10 mins read
Nordic & Swiss Chart Pack SNB to shift through the gears The pick-up in FX interventions by the Swiss National Bank (SNB) in recent weeks is likely to be the first step towards a rate cut. But predicting when the interventions will be dialled down and the... 15th August 2019 · 10 mins read
Nordic & Swiss Chart Pack Switzerland calls the EC’s bluff Given the parallels with Brexit, the recent escalation in the spat between the EU and Switzerland has filled many column inches over the past month. (To re-cap, after the Swiss government refused to... 12th July 2019 · 10 mins read
