News Event
From Trading Economics: Switzerland’s economy unexpectedly showed no growth on the quarter in the September quarter of 2016, compared to a 0.6 percent growth in the previous three month while market expected a 0.3 percent expansion. While domestic demand supported the economy, the trade balance had a downward effect to growth.…
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News Event
From Trading Economics: Switzerland’s economy unexpectedly showed no growth on the quarter in the September quarter of 2016, compared to a 0.6 percent growth in the previous three month while market expected a 0.3 percent expansion. While domestic demand supported the economy, the trade balance had a downward effect to growth.…
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Yesterday, the Swiss National Bank (SNB) Chairman, Thomas Jordan, stated again that the central bank could cut its negative interest rates even more, if found necessary. He also added that negative interest rates are appropriate for now despite the risks associated with it, citing significant overvaluation of Swiss Franc and globally low interest rates.…
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Yesterday, the Swiss National Bank (SNB) Chairman, Thomas Jordan, stated again that the central bank could cut its negative interest rates even more, if found necessary. He also added that negative interest rates are appropriate for now despite the risks associated with it, citing significant overvaluation of Swiss Franc and globally low interest rates.…
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The Swiss unemployment rate came in unchanged today at 3.2% for the month of September, and in terms of seasonal adjustment the rate was also unchanged at 3.3% in comparison to the market’s forecast of climb to 3.4%, there was however a marginal growth in the unadjusted total number of unemployed in the same month.…
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The Swiss unemployment rate came in unchanged today at 3.2% for the month of September, and in terms of seasonal adjustment the rate was also unchanged at 3.3% in comparison to the market’s forecast of climb to 3.4%, there was however a marginal growth in the unadjusted total number of unemployed in the same month.…
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