Europe Economics Update How far is Swiss intervention propping up the euro? Speculation that the Swiss National Bank’s (SNB’s) currency intervention has stemmed the decline in the trade-weighted euro seems overplayed. But the SNB’s struggle to prevent the franc surging... 16th June 2010 · 1 min read
Europe Commercial Property Update Will Swiss commercial property outperformance last? Our more upbeat forecasts for the Swiss economy relative to the euro-zone do not imply that Swiss property will continue to outperform. Indeed, we see yields staying put until 2012, meaning that its... 14th June 2010 · 1 min read
Europe Data Response Swiss GDP (Q1) The Swiss economy is recovering a little more slowly than had been hoped, but it continues to easily outperform the euro-zone. The key risk now is that close trade links to the region and a strong... 1st June 2010 · 1 min read
Nordic & Swiss Economics Update Weaker euro-zone to stem Swiss recovery Switzerland’s low levels of public and private sector debt suggest that it will continue to out-grow the euro-zone over the next couple of years. But it will suffer from strong trade links with the... 19th May 2010 · 1 min read
Europe Economics Update W eaker euro-zone to stem Swiss recovery Switzerland’s low levels of public and private sector debt suggest that it will continue to out-grow the euro-zone over the next couple of years. But it will suffer from strong trade links with the... 19th May 2010 · 1 min read
Europe Data Response Swiss GDP (Q4) The Swiss economy is faring better than others in Europe, posting a 0.7% quarterly expansion in Q4. Such a strong pace is unlikely to be sustained, but we have revised up our forecast for GDP growth... 2nd March 2010 · 1 min read
Nordic & Swiss Economics Update SNB may struggle to prevent further franc gains The Swiss National Bank’s assurance that it will intervene to prevent the franc from appreciating too much further is encouraging. But intervention now might not be as successful as in the recent past... 11th January 2010 · 1 min read
Europe Economics Update SNB may struggle to prevent further franc gains The Swiss National Bank’s assurance that it will intervene to prevent the franc from appreciating too much further is encouraging. But intervention now might not be as successful as in the recent past... 11th January 2010 · 1 min read
Nordic & Swiss Economics Update Swiss National Bank’s exit will be very gradual By announcing an end to its corporate bond purchases, the Swiss National Bank has become the latest to start phasing out its unconventional policy support. But its downbeat forecasts for economic... 10th December 2009 · 1 min read
Europe Economics Update Swiss National Bank’s exit will be very gradual By announcing an end to its corporate bond purchases, the Swiss National Bank has become the latest to start phasing out its unconventional policy support. But its downbeat forecasts for economic... 10th December 2009 · 1 min read
Europe Economics Update Swiss National Bank maintains strong policy support After leaving the target for three-month interest rates at just 0.25% today, the SNB struck a slightly less pessimistic tone than it had previously. But while the Bank has revised up its inflation... 17th September 2009 · 1 min read
Nordic & Swiss Economics Update Swiss National Bank maintains strong policy support After leaving the target for three-month interest rates at just 0.25% today, the SNB struck a slightly less pessimistic tone than it had previously. But while the Bank has revised up its inflation... 17th September 2009 · 1 min read
Europe Economics Update SNB determined to head off deflation threat The latest comments from the Swiss National Bank (SNB) confirm that it will maintain its strong policy stimulus for the foreseeable future, helping to reduce the significant risk of a sustained period... 19th August 2009 · 1 min read
Nordic & Swiss Economics Update SNB determined to head off deflation threat The latest comments from the Swiss National Bank (SNB) confirm that it will maintain its strong policy stimulus for the foreseeable future, helping to reduce the significant risk of a sustained period... 19th August 2009 · 1 min read
Europe Economics Update Swiss industry not out of the woods July’s pick-up in the Swiss manufacturing PMI was an encouraging sign for the industrial sector, as is the Swiss National Bank’s continued intervention to prevent a renewed appreciation of the franc... 3rd August 2009 · 1 min read
Nordic & Swiss Economics Update Swiss industry not out of the woods July’s pick-up in the Swiss manufacturing PMI was an encouraging sign for the industrial sector, as is the Swiss National Bank’s continued intervention to prevent a renewed appreciation of the franc... 3rd August 2009 · 1 min read
