Europe Data Response Swiss GDP (Q2) & CPI (Aug.) Q2’s healthy rise in Swiss GDP suggests that the economy was coping well with the franc’s continued strength, but the increase was flattered by temporary factors. And while CPI inflation edged up in... 6th September 2016 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q2) & CPI (Aug.) Q2’s healthy rise in Swiss GDP suggests that the economy was coping well with the franc’s continued strength, but the increase was flattered by temporary factors. And while CPI inflation edged up in... 6th September 2016 · 1 min read
Europe Economics Update Brexit would push Swiss franc higher despite SNB’s efforts While the Swiss National Bank (SNB) has vowed to limit any impact on the franc if the UK votes to leave the EU tomorrow, we doubt that it has enough ammunition to prevent an appreciation. We think... 22nd June 2016 · 1 min read
Nordic & Swiss Economics Update Brexit would push Swiss franc higher despite SNB’s efforts While the Swiss National Bank (SNB) has vowed to limit any impact on the franc if the UK votes to leave the EU tomorrow, we doubt that it has enough ammunition to prevent an appreciation. We think... 22nd June 2016 · 1 min read
Europe Economics Update SNB holds back ammunition for possible Brexit The Swiss National Bank (SNB) left interest rates on hold as expected today, but it will continue to intervene in FX markets if needed, as is likely in the run-up to the UK referendum. An actual... 16th June 2016 · 1 min read
Nordic & Swiss Economics Update SNB holds back ammunition for possible Brexit The Swiss National Bank (SNB) left interest rates on hold as expected today, but it will continue to intervene in FX markets if needed, as is likely in the run-up to the UK referendum. An actual... 16th June 2016 · 1 min read
Europe Economics Update SNB on hold, but battle against deflation is not won The lack of upward pressure on the franc following the last ECB meeting has allowed the Swiss National Bank (SNB) to leave policy on hold for now. But deflation dangers are particularly severe in... 17th March 2016 · 1 min read
Nordic & Swiss Economics Update SNB on hold, but battle against deflation is not won The lack of upward pressure on the franc following the last ECB meeting has allowed the Swiss National Bank (SNB) to leave policy on hold for now. But deflation dangers are particularly severe in... 17th March 2016 · 1 min read
Europe Data Response Swiss GDP (Q4) Q4’s rise in Swiss GDP came as a relief given the uncertain global environment and strength of the franc. But with persistent deflation posing a serious threat to the economy, we still see the SNB... 2nd March 2016 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q4 15) Q4’s rise in Swiss GDP came as a relief given the uncertain global environment ands trength of the franc. But with persistent deflation posing a serious threat to the economy, we still see the SNB... 2nd March 2016 · 1 min read
Europe Economics Update One year on from the Swiss franc shock Swiss exports have performed better than we had feared in the year since the SNB abandoned its currency ceiling. But the franc’s strength has probably yet to take its full toll on exports and the... 18th January 2016 · 1 min read
Nordic & Swiss Economics Update One year on from the Swiss franc shock Swiss exports have performed better than we had feared in the year since the SNB abandoned its currency ceiling. But the franc’s strength has probably yet to take its full toll on exports and the... 18th January 2016 · 1 min read
Europe Economics Update Sustained franc strength will hit Swiss economy hard The Swiss National Bank’s (SNB) shock decision to abandon its ceiling for the franc reflected its judgement that the policy was just not sustainable. Unless it can reverse the franc’s appreciation... 15th January 2016 · 1 min read
Europe Economics Update Respite for the SNB, but fight against franc is not over With the ECB’s cautious action last week reducing upward pressure on the franc against the euro, the Swiss National Bank (SNB) was able to leave policy on hold as expected today. But we still think... 10th December 2015 · 1 min read
Nordic & Swiss Economics Update Respite for the SNB, but fight against franc is not over With the ECB’s cautious action last week reducing upward pressure on the franc against the euro, the Swiss National Bank (SNB) was able to leave policy on hold as expected today. But we still think... 10th December 2015 · 1 min read
Europe Commercial Property Update Office rents in Switzerland have further to fall The latest data from Switzerland show that the removal of the euro exchange rate ceiling has taken its toll on the economy, and we expect that there is further weakness to come. Accordingly, even with... 2nd December 2015 · 1 min read
