Switzerland CHF

Switzerland SNB Quarterly Bulletin

Impact:
Medium
Source: Swiss National Bank

Next Release:

Date:
Period:
What Does It Measure?
The SNB Quarterly Bulletin measures key economic indicators and assessments on the Swiss economy as provided by the Swiss National Bank (SNB). It primarily focuses on areas such as monetary policy, inflation trends, economic growth, and global economic conditions, offering insights into performance dimensions like production and employment.
Frequency
The SNB Quarterly Bulletin is released quarterly, with each bulletin typically published about a week after the end of the quarter, providing a final summary of economic conditions.
Why Do Traders Care?
Traders focus on the SNB Quarterly Bulletin due to its implications for monetary policy decisions and overall economic health, which can heavily influence financial markets. A positive outlook on the economy can strengthen the Swiss franc and positive sentiment in Swiss equities, while negative forecasts may lead to bearish effects on these assets.
What Is It Derived From?
The SNB Quarterly Bulletin is derived from comprehensive economic analyses that include statistical data, surveys, and reports from various sectors of the economy. Data collection methodologies could involve quantitative and qualitative assessments, with a focus on macroeconomic performance indicators such as GDP growth and inflation rates.
Description
This bulletin synthesizes economic data, policy evaluations, and forecasts in a cohesive report intended for economic analysts, policymakers, and financial market participants. The preliminary insights can influence immediate market reactions, while the final assessment serves to validate and solidify economic predictions based on more comprehensive data.
Additional Notes
The SNB Quarterly Bulletin serves as a coincident indicator that reflects current economic conditions and policies. It can be related to other economic indicators such as inflation rates or employment statistics, thereby providing a broader context for real-time economic assessments.
Bullish or Bearish for Currency and Stocks
If the bulletin reflects a stronger than expected outlook for the Swiss economy, it could be classified as higher than expected: Bullish for the Swiss franc, Bullish for Stocks. Conversely, a weaker than expected report could be classified as lower than expected: Bearish for the Swiss franc, Bearish for Stocks.

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