Nordic & Swiss Economics Update SNB’s action won’t rescue the Swiss economy Today’s decision by the Swiss National Bank to apply a limit of 1.20 per euro to the franc is a bold move which it has pledged to defend at all costs. But in the end, there may be limits to how many... 6th September 2011 · 1 min read
Europe Economics Update Strong Swiss franc starts to hurt Swiss GDP data show that the economy held up relatively well in Q2, but exports have already begun to fall. As the Swiss National Bank struggles to prevent a renewed appreciation of the franc, the... 2nd September 2011 · 1 min read
Nordic & Swiss Economics Update Strong Swiss franc starts to hurt Swiss GDP data show that the economy held up relatively well in Q2, but exports have already begun to fall. As the Swiss National Bank struggles to prevent a renewed appreciation of the franc, the... 1st September 2011 · 1 min read
Europe Economics Update What more can the SNB do? The Swiss National Bank has not exhausted all options to stem the franc’s appreciation and might yet try capital controls or direct intervention in currency markets. But internationally co-ordinated... 12th August 2011 · 1 min read
Nordic & Swiss Economics Update What more can the SNB do? The Swiss National Bank has not exhausted all options to stem the franc’s appreciation and might yet try capital controls or direct intervention in currency markets. But internationally co-ordinated... 11th August 2011 · 1 min read
Europe Economics Update SNB action unlikely to stem the franc’s rise The Swiss National Bank’s decision to cut interest rates to almost zero and embark on a renewed bout of quantitative easing to stem the franc’s appreciation looks pretty bold. But we still think that... 4th August 2011 · 1 min read
Nordic & Swiss Economics Update SNB action unlikely to stem the franc’s rise The Swiss National Bank’s decision to cut interest rates to almost zero and embark on a renewed bout of quantitative easing to stem the franc’s appreciation looks pretty bold. But we still think that... 3rd August 2011 · 1 min read
Europe Economic Outlook Crisis deepens as slowdown spreads to the core The latest rescue package for Greece has reduced the threat of a near-term catastrophe in the eurozone.But it does not address the fundamental problems facing Greece itself and is unlikely to bring an... 27th July 2011 · 1 min read
Europe Commercial Property Update Will the franc derail the Swiss occupier market recovery? It looks increasingly likely that the sovereign debt crisis in the euro-zone will take a heavy toll on the Swiss economy. As a result, the emerging recovery in Swiss commercial property rental values... 21st July 2011 · 1 min read
Global Markets Update What next for the Swiss franc? Most of the world’s major “paper” currencies have fallen out of favour. But the Swiss franc is an exception to the rule. It has even outperformed gold since the start of the year. We expect the upward... 20th July 2011 · 1 min read
Europe Economics Update SNB strikes a dovish tone As expected, the Swiss National Bank left its interest rate target unchanged at today’s meeting. With the Bank striking a slightly more downbeat tone in its statement and the Swiss franc’s strength... 17th June 2011 · 1 min read
Nordic & Swiss Economics Update SNB strikes a dovish tone As expected, the Swiss National Bank left its interest rate target unchanged at today’s meeting. With the Bank striking a slightly more downbeat tone in its statement and the Swiss franc’s strength... 16th June 2011 · 1 min read
Europe Data Response Swiss GDP (Q1) The Swiss economy expanded only modestly in the first quarter of this year. With the strong franc likely to hit exports over the coming quarters, growth looks likely to remain fairly lacklustre. 31st May 2011 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q1 11) The Swiss economy expanded only modestly in the first quarter of this year. With the strong franc likely to hit exports over the coming quarters, growth looks likely to remain fairly lacklustre. 31st May 2011 · 1 min read
Nordic & Swiss Economics Update SNB interest rate hike not around the corner Despite growing domestic price pressures, the Swiss National Bank left its interest rate target at 0.25% at today’s meeting. While the Bank’s tone was a bit more upbeat than expected, the inflation... 17th March 2011 · 1 min read
Europe Economics Update SNB interest rate hike not around the corner Despite growing domestic price pressures, the Swiss National Bank left its interest rate target at 0.25% at today’s meeting. While the Bank’s tone was a bit more upbeat than expected, the inflation... 17th March 2011 · 1 min read