6SMAIN Swiss Franc Futures(SEP4)
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Swiss Franc Futures(SEP4) News
SNB's Jordan: Monetary Policy Should Remain Focused on Inflation
Swiss National Bank (SNB) Chairman Thomas Jordan told Switzerland's national broadcast on Saturday that monetary policy should remain focused on price stability, per Reuters.
Swiss Trade Surplus Rises in Q1
Switzerland's trade surplus grew to 8.65 billion francs in the first quarter of 2024 from 8.11 billion francs in the prior three-month period, the Federal Office for Customs and Border Security said Thursday.
Swiss Monthly Producer, Import Prices Up 0.1% in March
Switzerland's monthly producer and import price index edged up 0.1% in March, unchanged from February, data from the Federal Statistical Office showed Monday.
Swiss Consumer Confidence Improves in March
Switzerland's consumer confidence indicator climbed to -38 points in March from -42.3 points in February, government data showed Friday.
Swiss Manufacturing PMI Rises in March, Tops Estimate
Switzerland's manufacturing PMI climbed to 45.2 in March from 44 in February, according to procure.ch and Credit Suisse data published Tuesday.
Swiss Current Account Surplus Declines in Q4 2023
Switzerland's current account surplus contracted to 15.43 billion francs in the fourth quarter of 2023, from the revised 17.85 billion francs in the prior three-month period, the Swiss National Bank (SNBN.SW) said Friday.
SNB's “raid” to cut interest rates kicks off global easing, traders find a “new weapon”
The SNB unexpectedly cut interest rates, kicking off a global easing cycle. As the Swiss central bank prepares for further interest rate cuts in the future, traders may see the Swiss franc as a new funding currency.
Analysts say the Swiss franc will continue to be under pressure after the Swiss central bank “raided” interest rate cuts
After the SNB unexpectedly cut interest rates, the Swiss franc may continue to be under pressure and even fall to an eight-month low.
SNB Currency Interventions Likely to Be Rare -- Market Talk
The Swiss franc still looks to be too strong in real terms but the Swiss National Bank is unlikely to make frequent interventions in the near term, Karsten Junius, chief economist at Safra Sarasin Sustainable Asset Management, says in a note.
SNB's Lower Inflation Forecasts Heighten Chance of June Rate Cut -- Market Talk
The SNB is very likely to cut its key interest rate again in June to 1.25%, barring a surprise that causes new inflationary pressures, ING economists say in a note.
Swiss Franc to Slump After 'Remarkable' SNB Cut, Analysts Say
The Swiss franc is likely to stay under pressure after a surprise interest-rate cut by the country’s central bank showed policymakers are acting more forcefully to prevent any appreciation in the currency.
Swiss Central Bank Unexpectedly Kicks Off The Rate Cutting Cycle, Notes ING
The Swiss central bank (SNB) -- known for its sometimes unexpected decisions -- once again decided to take everyone by surprise and cut its key rate by 25bps to 1.5% at Thursday's policy meeting, said ING.
Swiss Rate-Cut Curve Ball Can't Be Ignored as Banks Turn Against the Franc
A handful of banks expect Switzerland’s policymakers will go against forecasts and cut interest rates in their first decision of the year.
Swiss Central Bank Reduced Its Push to Prop Up Franc in Fourth Quarter
The Swiss National Bank reduced its sales of foreign exchange in the fourth quarter as the franc soared against the euro.
Swiss Trade Surplus Falls in February
Switzerland's trade surplus fell to 2.23 billion francs in February from the downwardly revised 2.75 billion francs in January, the Federal Office for Customs and Border Security said Tuesday.
Will the strengthening of the Swiss franc erode profits, will the Swiss central bank urge the industry to cut interest rates?
Swiss industry urges the country's central bank to expand its focus from fighting inflation to helping them cope with the strengthening of the Swiss franc, because as the global economy cools down and demand declines, the strengthening of the Swiss franc is eroding the profits of Swiss companies.
The SNB settled down on Thursday and agreed that the “first drop” time may be brought forward to June
The SNB will announce its first interest rate decision of the year on March 21 (Thursday). Currently, the market generally expects the bank to keep the policy interest rate unchanged at 1.75%.
Swiss Franc Could Weaken as Inflation Diverges From SNB Forecasts
Swiss Franc is vulnerable as inflation data continues to undershoot official forecasts.
Swiss Recent Inflation Data Brings Forward Rate-Cut Expectations -- Market Talk
Economic news in Switzerland has mostly been dovish since the Swiss National Bank's previous meeting in December, confounding expectations from the central bank of an inflationary bounce-back, HSBC economist Chantana Sam says in a note.
SocGen Sees The Swiss Franc Declining Further This Year; Comments on The Swiss Central Bank
The Swiss franc (CHF) was the best-performing G10 currency in 2023, but as Societe Generale had expected last December, EUR/CHF has been on a downward trend since then.