Europe Data Response Swiss GDP (Q3) The Swiss GDP release revealed that growth stalled in Q3 and November’s manufacturing PMI points to worse to come. This raises the likelihood that the Swiss National Bank (SNB) will increase its... 1st December 2015 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q3 15) The Swiss GDP release revealed that growth stalled in Q3 and November’s manufacturing PMI points to worse to come. This raises the likelihood that the Swiss National Bank (SNB) will increase its... 1st December 2015 · 1 min read
Europe Economics Update SNB to limit but not prevent franc appreciation The latest comments from Chairman Thomas Jordan suggest that the Swiss National Bank will act decisively to limit franc strength, including through further direct intervention in FX markets. But we... 26th November 2015 · 1 min read
Nordic & Swiss Economics Update SNB to limit but not prevent franc appreciation The latest comments from Chairman Thomas Jordan suggest that the Swiss National Bank will act decisively to limit franc strength, including through further direct intervention in FX markets. But we... 26th November 2015 · 1 min read
Europe Data Response Swiss Consumer Prices (Oct) Swiss CPI inflation held at a record low in October, increasing the likelihood that the SNB will intervene in foreign exchange markets before long to prevent a renewed appreciation of the franc from... 5th November 2015 · 1 min read
Nordic & Swiss Data Response Swiss Consumer Prices (Oct. 15) Swiss CPI inflation held at a record low in October, increasing the likelihood that the SNB will intervene in foreign exchange markets before long to prevent a renewed appreciation of the franc from... 5th November 2015 · 1 min read
Europe Economics Update Swiss election doesn’t change gloomy economic outlook The shift to the right in yesterday’s Swiss election will mean continued resistance to immigration and perhaps more business-friendly policies. But exchange rate developments are more important for... 19th October 2015 · 1 min read
Nordic & Swiss Economics Update Swiss election doesn’t change gloomy economic outlook The shift to the right in yesterday’s Swiss election will mean continued resistance to immigration and perhaps more business-friendly policies. But exchange rate developments are more important for... 19th October 2015 · 1 min read
Europe Economics Update SNB on hold as franc weakens, but may yet cut again The recent depreciation of the Swiss franc and renewed increase in economic activity has allowed the Swiss National Bank (SNB) to keep policy on hold for the time being. But we think that renewed... 17th September 2015 · 1 min read
Nordic & Swiss Economics Update SNB on hold as franc weakens, but may yet cut again The recent depreciation of the Swiss franc and renewed increase in economic activity has allowed the Swiss National Bank (SNB) to keep policy on hold for the time being. But we think that renewed... 17th September 2015 · 1 min read
Europe Data Response Swiss GDP (Q2) Q2’s GDP release revealed that Switzerland has so far avoided a recession despite the strength of the franc. But it seems very unlikely that positive contributions from nettrade can be sustained and... 28th August 2015 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q2 15) Q2’s GDP release revealed that Switzerland has so far avoided a recession despite the strength of the franc. But it seems very unlikely that positive contributions from net trade can be sustained and... 28th August 2015 · 1 min read
Europe Commercial Property Update Swiss property to produce the lowest total returns in next five years Weak rental value growth and limited inward yield shift will restrict capital value growth in Switzerland. As a result, when combined with a low income yield, over the next five years Swiss property... 19th June 2015 · 1 min read
Europe Economics Update SNB has more work to do in its fight against the franc The Swiss National Bank’s decision to leave its deposit rate at -0.75% presumably reflected the franc’s stabilisation at a slightly lower level. But we expect renewed upward pressure on the currency... 18th June 2015 · 1 min read
Nordic & Swiss Economics Update SNB has more work to do in its fight against the franc The Swiss National Bank’s decision to leave its deposit rate at -0.75% presumably reflected the franc’s stabilisation at a slightly lower level. But we expect renewed upward pressure on the currency... 18th June 2015 · 1 min read
Europe Data Response Swiss GDP (Q1) Swiss GDP data for Q1 probably exaggerate the true hit to exports from the appreciation of the franc. But with the currency likely to remain at a very high level, the economy is set to expand only... 29th May 2015 · 1 min read
