Switzerland Economic Sentiment Index
CS-CFA Society Economic Sentiment Index gauges the amount of confidence that experts have in the projected economic developments over the next six months in Switzerland. A total of 350 financial and economic specialists will participate in the study. When calculating the index, the difference between the percentage share of economists who are optimistic about the development of the economy and the percentage share of economists who are pessimistic is taken into account. As a result, the ZEW index gauges confidence on a scale ranging from -100 (all analysts predict the economy to decline) to 100 (all analysts believe the economy will develop). A number of 0 implies that the scenario is neutral.
A higher than expected figure should be seen as positive (bullish) for the CHF while a lower than expected figure should be seen as negative (bearish) for the CHF.
Forex Sentiment (CHF)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURCHF |
|
|
0.9635 +41 pips |
0.9681 -87 pips |
0.95940 | |
| GBPCHF |
|
|
1.1348 -20 pips |
1.1499 -131 pips |
1.13680 | |
| USDCHF |
|
|
0.8879 +43 pips |
0.8995 -159 pips |
0.88360 | |
| CHFJPY |
|
|
161.3059 -1261 pips |
174.6195 -70 pips |
173.919 | |
| AUDCHF |
|
|
0.5895 +146 pips |
0.5911 -162 pips |
0.57492 | |
| NZDCHF |
|
|
0.5410 +208 pips |
0.5373 -171 pips |
0.52024 | |
| CADCHF |
|
|
0.6536 +153 pips |
0.6544 -161 pips |
0.63830 | |
| CHFSGD |
|
|
1.5120 +68 pips |
1.5147 -95 pips |
1.50521 | |
| XAUCHF |
|
|
1911.2700 +14057 pips |
2135.0468 -36435 pips |
1,770.70 |
News (CHF)
Swiss Central Bank Lowers Policy Rate By 25 Bps
The Swiss National Bank lowered its key policy rate for the second consecutive meeting on Thursday, citing easing underlying inflationary pressures. The policy board headed by Thomas Jordan decided to cut the policy rate by 25 basis points to 1.25 percent. The new rate will take effect on June 21. The bank had unexpectedly reduced its rate by a quarter point at the March meeting.
RTTNews | 36 days ago
Swiss GDP Growth Accelerates In Q1
Switzerland's economic growth accelerated in the first quarter on robust private consumption and the rebound in equipment investment, data from the State Secretariat for Economic Affairs, or SECO, showed on Thursday. Gross domestic product posted a quarterly growth of 0.5 percent in the first quarter after an expansion of 0.3 percent each in the previous two quarters.
RTTNews | 57 days ago
Swiss Central Bank Lifts Minimum Reserve Requirement
The Swiss National Bank raised the minimum reserve requirement for domestic banks, which is set to reduce its payout. The SNB lifted the minimum reserve ratio to 4 percent from 2.5 percent. The bank also made changes to how it calculates the minimum reserve requirements.
RTTNews | 95 days ago
