Swiss CPI down 0.2% from previous month
December 6, 2011 by Vincent Facchino · Leave a Comment
A 0.1% gain was expected.
Eur/Chf up 40 points to 1.2390 after release.
SNB foreign currency reserves fell to 229.3 bln francs from 242.7 bln
December 6, 2011 by Vincent Facchino · Leave a Comment
The CHF strengthened marginally with Usd/Chf off 7 points to .9258 and Eur/Chf down to 1.2361.
Swiss SVME PMI
December 1, 2011 by Vincent Facchino · Leave a Comment
Swiss SVME PMI came in at 44.8, weaker than the 46.6 expected.
Usd/Chf trades at .9127 and eur/Chf at 1.2258, unaffected by number as eyes are still set on market commentary from eurozone economic leaders.
Swiss GDP up 0.2% q/q, as expected
December 1, 2011 by Vincent Facchino · Leave a Comment
Eur/Chf off about 15 points since release, to 1.2293.
Swiss KOF economic barometer weaker than expected at 0.35 vs. 0.65
November 30, 2011 by Vincent Facchino · Leave a Comment
Usd/Chf made a new session high of .9247 and Eur/Chf to 122.89, also a new high.
Swiss Consumption Indicator remains near two year low
November 29, 2011 by Vincent Facchino · Leave a Comment
UBS Consumption Indicator came in at 0.91, stronger than the prior reading of 0.82. No estimate was given.
The indicator’s comparatively low level is due to ongoing poor business activity in the retail sector as well as consumer sentiment, according to UBS.
The Chf has shown some weakness in recent trade with Usd/Chf at .9230 and Eur/Chf at 1.2300, both up slightly after release.
Swiss Trade Balance
November 22, 2011 by Vincent Facchino · Leave a Comment
Swiss Trade Balance came in at 2.15B chf, stronger than the 2.05B chf surplus expected.
Usd/Chf is off about 10 pips to .9155 on news.
Swiss ZEW Economic Expectations
November 17, 2011 by Vincent Facchino · Leave a Comment
Swiss ZEW Economic Expectations came in at -64.3, weaker than teh prior reading of -54.4.
The decline of Swiss investor confidence adds to signs of a worsening economic slowdown.
