Nordic & Swiss Data Response Swiss Consumer Prices (Oct.) October’s Swiss CPI data did little to ease fears that the economy may be experiencing a sustained bout of damaging deflation. This supports our view that additional monetary policy support will be... 7th November 2016 · 1 min read
Nordic & Swiss Data Response Manufacturing PMIs (Oct.) & Swiss Retail Sales (Sep.) October’s manufacturing PMIs generally painted a positive picture of economic growth.But the surveys’ price indices suggest that inflationary pressures vary across the region. 1st November 2016 · 1 min read
Nordic & Swiss Data Response Swiss KOF Economic Barometer (Oct.) October’s rise in the Swiss KOF Economic Barometer suggests that GDP growth could accelerate in the near term. But with the full effects of the franc’s strength yet to be felt and deflation risks... 28th October 2016 · 1 min read
Nordic & Swiss Economic Outlook Policy divergences to favour Swedish krona The Nordic and Swiss economies’ reasonable economic performance, low public debt and stable political backdrop should help to maintain their safe haven status. But there will be some marked economic... 17th October 2016 · 1 min read
Nordic & Swiss Economics Update Cautious SNB won’t hike rates for some time yet Fears that domestic price pressures might prompt the Swiss National Bank to tighten monetary policy proved unfounded today as it left its interest rate target at 0.25%. The Bank’s tone was gloomier... 16th October 2016 · 1 min read
Nordic & Swiss Economics Update SNB to remain in strongly accommodative mode Despite the improvement in financial market conditions, continued recovery of the Swiss economy and softening of the franc, the Swiss National Bank (SNB) re-emphasised today that it intends to... 19th September 2016 · 1 min read
Europe Economics Update SNB on hold, but set to renew currency interventions The Swiss National Bank’s decision to leave policy on hold came as no surprise as easing Brexit fearsand the ECB’s inaction have led upward pressure on the franc to abate. But the SNB made clear that... 15th September 2016 · 1 min read
Nordic & Swiss Economics Update SNB on hold, but set to renew currency interventions The Swiss National Bank’s decision to leave policy on hold came as no surprise as easing Brexit fears and the ECB’s inaction have led upward pressure on the franc to abate. But the SNB made clear that... 15th September 2016 · 1 min read
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
