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
Europe Economics Update Swiss National Bank still pulling out all the stops The SNB’s pledge to go on purchasing large quantities of corporate bonds while providing generous liquidity to the banking sector and intervening ‘decisively’ in currency markets has left it among the... 18th June 2009 · 1 min read
Nordic & Swiss Economics Update Swiss National Bank still pulling out all the stops The SNB’s pledge to go on purchasing large quantities of corporate bonds while providing generous liquidity to the banking sector and intervening ‘decisively’ in currency markets has left it among the... 18th June 2009 · 1 min read
Europe Commercial Property Update Why has Swiss commercial property been relatively resilient? To date, capital values in Switzerland have held up better than in most other European markets. This seems consistent with the fact that Swiss property did not become significantly overvalued during... 2nd June 2009 · 1 min read
Europe Economics Update Swiss National Bank joins the unconventional club The SNB’s decision to cut interest rates to 0.25%, provide more liquidity to the banking sector, intervene in currency markets and purchase bonds from the private sector, pushes it towards the top of... 12th March 2009 · 1 min read
Nordic & Swiss Economics Update Swiss National Bank joins the unconventional club The SNB’s decision to cut interest rates to 0.25%, provide more liquidity to the banking sector, intervene in currency markets and purchase bonds from the private sector, pushes it towards the top of... 12th March 2009 · 1 min read
Europe Economics Update Swiss bank losses point to severe recession The record loss reported by UBS yesterday provides further support for our long-held view that the Swiss economy will suffer heavily from its reliance on the financial services sector. This suggests... 11th February 2009 · 1 min read
Nordic & Swiss Economics Update Swiss bank losses point to severe recession The record loss reported by UBS yesterday provides further support for our long-held view that the Swiss economy will suffer heavily from its reliance on the financial services sector. This suggests... 11th February 2009 · 1 min read
Europe Economics Update SNB already considering zero interest rates After today’s expected 50bp interest rate cut, the bottom end of the Swiss National Bank’s target range for three-month interest rates has already hit zero. For now, the Bank will target a rate of... 11th December 2008 · 1 min read
Europe Economics Update Swiss franc’s appreciation supports case for hefty rate cuts The franc’s latest appreciation to a record high against the euro appears to reflect the weakness of the euro-zone economy more than Swiss domestic factors. But the franc’s strength is yet another... 28th October 2008 · 1 min read
Nordic & Swiss Economics Update Swiss franc’s appreciation supports case for hefty rate cuts The franc’s latest appreciation to a record high against the euro appears to reflect the weakness of the euro-zone economy more than Swiss domestic factors. But the franc’s strength is yet another... 28th October 2008 · 1 min read
