Crucial leading indicators of the global and European economies continue to deteriorate. How should investors position their European portfolios to benefit from these trends?
We look at the implications a various European central bank meetings this week, for currency strategy.
The Swiss National Bank (SNB) was the first major central bank to embark on a dovish pivot back in March. It lowered borrowing costs Thursday for a second consecutive meeting, from 1.5% to 1.25%, despite expectations that…
The Swiss KOF Barometer is a composite leading indicator of the Swiss economy. It surprised to the downside in May, coming in at 100.3 from 101.9, below expectation of an acceleration to 102.1. Switzerland’s economy is…
Does the recent surprise rate cut by the Swiss National Bank augur other dovish surprises among major central banks in Europe?
The Swiss National Bank’s 25 basis point rate cut on Thursday came as a dovish surprise to market participants anticipating it would hold the policy rate unchanged. The rate cut, which brought the policy rate down to 1.5%…
Swiss annual inflation continued to decelerate in February, with headline CPI now at 1.2% and core at 1.1%. This is remarkable since inflation continues to track well below the 1.8% forecast by the Swiss National Bank (SNB) for…
In this Insight, we speculate on the outlook for the CHF.
The Swiss franc is among the worst performing major currencies so far this year. This marks a reversal following its stellar performance last year. The Swiss National Bank’s (SNB) support for the domestic currency…
Our Central Bank Monitors support European central bankers’ decision to hold rates steady. Find out what it means for European fixed-income portfolio allocation.