SNB 3 month LIBOR target range remains at 0.0% to 0.25%
March 15, 2012 by Vincent Facchino · Leave a Comment
* SNB to continue to defend Eur/Chf ceiling of 1.2000
* Chf is still high; ready to take further measures
* economy to expand 1.0% in 2012 vs previous 0.5% estimate
* there is no risk of inflation in forseeable future
Swiss government raises growth forecast, doen’t see recession
March 15, 2012 by Vincent Facchino · Leave a Comment
* GDP to rise 0.8% in 2012 vs previous 0.5% estimate
* 2013 GDP should rise 1.8% vs previous 1.9% estimate
* further economic worsening is unlikely
* economy should gain strength over year
* economy showing some signs of stability
* export slowdon is less marked than feared
* debt crisis is considerable risk
Usd/Chf off 20 points to .9288
Swiss Feb. PPI up 0.8% vs. 0.4%
March 13, 2012 by Vincent Facchino · Leave a Comment
Usd/Chf and Eur/Chf unaffected, trading at .9170 and 1.2055 respectively.
Swiss Feb. CPI rose 0.3% from prior month vs. 0.2% expected
March 8, 2012 by Vincent Facchino · Leave a Comment
Eur/Chf and Usd/Chf unaffected, trading at 1.2056 and .9150 respectively.
Swiss Producer Price Index unchanged in Jan. from prior month, a 0.2% increse was expected
February 13, 2012 by Vincent Facchino · Leave a Comment
Usd/Chf trades at .9121, up about 5 pips since release.
Swiss KOF Economic Barometer -0.17 vs -0.06 expected
January 27, 2012 by Vincent Facchino · Leave a Comment
Usd/Chf and Eur/Chf unaffected by news, trading at .9216 and 1.2063 respectively.
Swiss PPI rises 0.3% in December, a 0.3% decline was expected
January 16, 2012 by Vincent Facchino · Leave a Comment
Usd/Chf trades at .9525, unaffected by number.
Swiss retail sales
January 9, 2012 by Vincent Facchino · Leave a Comment
Swiss retail sales y/y came in at 1.8%, stronger than the 0.6% expected.
Usd/Chf is off about 5 points since release, trading at .9532.
