Switzerland

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Switzerland (Weekly)	Notes & Links
Switzerland (Monthly)

Switzerland Index (weekly), 20 week exponential average in green, 5 week exponential average in red, MACD (moving average convergence divergence) in green.

Switzerland Index monthly chart, the red line is a 24 month exaverage, the yellow line is a 6 month exaverage. This chart is no longer updated but will remain for reference.

Switzerland Notes & Links:
8/7/2021 Swiss central bank owns record $162 billion of U.S. stocks 11/28/13 Swiss vote down plan to cap salaries of top executives. 3/17/13 Swiss voters have backed an initiative to give shareholders of Swiss listed companies a binding say on executive pay 1/6/12 Swiss inflation rate fell to 0.2% in 2011. 9/18/11 The bungling execs at UBS, announced that loss from unauthorized trading amounted to $2.3 billion, more than initially reported. 9/8/11 (Bloomberg) The Swiss central bank imposed a ceiling on the franc for the first time in more than three decades and pledged to defend the target with the “utmost determination,” 3/7/10 A nationwide referendum is taking place in Switzerland on a proposal to give animals the constitutional right to be represented in court. 2/2/10 Swiss lawmaker compares Germany's attempts to get hold of data on cross-border tax evaders to bank robbery. 9/8/09 Reuters - Switzerland knocked the United States off the position as the world's most competitive economy 8/25/09 Switzerland Q2 Employment fell 0.4% YoY. 8/20/09 Switzerland's July Trade Balance out at 2.35B versus 1.50B in June. 8/19/09 (Bloomberg) -- UBS AG, Switzerland’s largest bank, will release information on 4,450 accounts to settle a U.S. lawsuit that sought names of American clients suspected of evading taxes. 8/17/09 Switzerland’s June Retail Sales rose 0.9% YoY 8/7/09 Switzerland’s July Unemployment Rate out at 3.9% up from 3.8% in June 7/15/09 Switzerland May Retail Sales fell -1.4% YoY 7/13/09 Switzerland June Producer and Import Prices were unchanged at 0.0% MoM 7/8/09 Switzerland’s June Unemployment Rate rose to 3.8% 6/24/09 FT) The Swiss franc fell sharply on Wednesday after the country's central bank intervened in the foreign exchange market to halt the currency's rise 6/23/09 Switzerland May Trade Balance out at 2.01B vs. 2.55B in April. 6/20/09 The U.S. and Switzerland agreed to share information on potential tax evaders. 5/29/09 Swiss Leading Indicators fell 1.86 % 5/28/09 Swiss April Trade Balance out at 2.56B vs. 0.12B in March. 4/2/09 According to a survey by London’s Barclays Plc., almost 41%, or 436,000, of Singapore’s households will have assets of at least $1 million by 2017, compared with 39% in Hong Kong and 28% in Switzerland 3/12/2009 Switzerland reduced its interest rate from 0.50% to 0.25% 12/11/2008 Switzerland lowered its interest rate target from 1.00% to .50%. 11/20/08 Switzerland lowered interest rates from 2.0% to 1.0%. 12/11/07 UBS announced it will write down $10 billion in US subprime investments. 12/6/07 Switzerland Nov. Unemployment rate rose to 2.7%. 3/16/06 The Swiss National Bank raised rates from 1.00% to 1.25% 01/28/05 The Swiss government reduced its 2005 growth estimate from 2.0% to 1%. 11/26/04 Switzerland's GDP was up 0.4% in the third quarter, slightly less than expected. 10/18/04 SECO, the Swiss economics ministry, said it lowered slightly its 2005 GDP growth forecast to 2.0 pct from its previous forecast of 2.3 pct