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Switzerland CHF

Switzerland Easter Monday

Impact:
Low

Latest Release:

Date:
Actual:
 
Forecast:
Previous/Revision:  
Period:
What Does It Measure?
Easter Monday in Switzerland is not a traditional economic indicator but rather a public holiday that affects economic activity, particularly in retail and services sectors. The day measures the impact of holiday-related closures and reduced consumer activity on overall economic output.
Frequency
Easter Monday occurs annually, with its date varying each year based on the ecclesiastical approximation of the March equinox.
Why Do Traders Care?
Traders care about Easter Monday as it signifies a period of decreased economic transactions and productivity, which may affect short-term GDP growth. The holiday can lead to reduced consumer spending and business operations, influencing market sentiment towards related sectors such as retail and tourism.
What Is It Derived From?
The significance of Easter Monday as an economic event is derived from observations of consumer behavior and business activity patterns around public holidays. Reduced sales and operational hours during such holidays are typically monitored through historical data from retail and service sector transactions.
Description
Though not an economic report, Easter Monday's prevalence as a public holiday can lead to notable changes in economic behavior, particularly in sectors dependent on consumer spending and service provision. The effects are observable through variations in sales figures and service utilization rates surrounding this public holiday.
Additional Notes
Easter Monday serves primarily as a coincident economic measure, reflecting immediate shifts in consumer behavior and business operations during holiday periods. It can also be compared with other public holidays to assess the broader impacts of such observances on economic output and consumer habits across different sectors.
Bullish or Bearish for Currency and Stocks
Higher than expected: [Bearish] for [Currency], [Bearish] for [Stocks]. Lower than expected: [Bullish] for [Currency], [Bullish] for [Stocks]. The effects of holiday closures may lead to lower activity; thus, this is perceived as a bearish signal for economic indicators, impacting currency stability and stock performance negatively.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
Apr 21, 2025
 
  
Apr 01, 2024
 
  
Apr 10, 2023
 
  
Apr 18, 2022
 
  
Apr 05, 2021
 
  
Apr 13, 2020
 
  
Apr 22, 2019
 
  
Apr 17, 2017
 
  
Mar 28, 2016