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| Swiss Retail Sales | ||
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| Author | Post | |||
| Asha |
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  Registered Member #146 Joined: Sun Apr 20 2003, 11:38PMLocation: Geneve, Switzerland Posts: 391 | November Swiss retail sales rose a real 2.2% Swiss retail sales rose a real 2.2% in November, showing that demand is still evident within the mountain economy. Unadjusted data posted a 1.7% increase on an annual basis, while the adjusted +2.2% does represent a slight fall from the +2.7% seen previously. The data isk slightly disappointing when looking at the headline but on the whole robust growth and demand continues to be the underlying theme. Asha | |||
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| EurozoneFX |
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  Registered Member #711 Joined: Tue Jan 10 2006, 10:11AMPosts: 953 | Swiss retail sales were up 3.1% in December over the year in real terms, up from the +2.2% seen in the month previously. The data indicates sentiment within the domestic Swiss economy is steadily improving as consumers confidence returns. In 2005, the rise was 1.7% in real terms and this should help reinforce the view that the SNB will hike rates by 25bps at their next quarterly monetary policy review in March. The data looks to have helped underpinned the Franc against the EUR following the CHF weakness noted this morning. Offers in EUR/CHF are now said to have emerged around 1.5620. Trading FX in the Eurozone  | |||
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| Asha |
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| Registered Member #146 Joined: Sun Apr 20 2003, 11:38PMLocation: Geneve, Switzerland Posts: 391 | The headline reading of Swiss Retail Sales for February has helped the Franc level into early European trading. The increase of 0.4% was slightly higher than some had expected but in real terms with the previous reading up at +3.1% the data does not look all that impressive. Asha | |||
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| Asha |
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| Registered Member #146 Joined: Sun Apr 20 2003, 11:38PMLocation: Geneve, Switzerland Posts: 391 | Swiss July Retail Sales +2.1% Y/Y Vs +0.8% Previous September 21. Asha | |||
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| Figure Bid |
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 Registered Member #415 Joined: Tue Jun 01 2004, 02:12PMLocation: London, UK Posts: 856 | Swiss December retail sales up strongly ZURICH (AFX) - Swiss retail sales rose a real or inflation-adjusted 0.8 pct year-on-year in December, but were up 9.2 pct when adjusted to the number of shopping days, the Swiss Federal Statistics Office said. Sales were boosted by a particularly high demand for electronic goods, beauty products and furniture, the statistics office said. For the full year 2006, retail sales were up 1.9 pct year-on-year or 2.9 pct when adjusted for shopping days. Source: AFX 16 Feb 2007 Figure Bid ....lookin' for the offer John........... | |||
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| Omega2020 |
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 Registered Member #500 Joined: Thu Feb 17 2005, 10:09AMLocation: Zurich, Switzerland Posts: 910 | SWISS: May Retail Sales +3.1% Y/Y (Unadj), +7.2% Y/Y Swiss retail sales rose 3.1% Y/Y in May, however, when adjusted for the number of shopping days, sales were 7.2% higher than a year ago. The headline 3.1% reading comes against the expectations for a 4.8% rise but when you factor in the adjusted numbers the "real" data continues to highlight the robust state of the mountain economy. Further Swiss economic indicators are set for release this week with trade balance data and producer and import prices both looked for to confirm the upbeat undertones to the local economy. Looking ahead, we at IFR suggest that a duel SNB hike scenario remains the most likely outcome for the remainder of 2007. Two 25bp hikes should be looked for into H2 07 (one in Q3 in September and the other in Q4 in December) with an outside risk for a more aggressive 50bp move higher from Roth in Q3 should the CHF reversal of late fail to hold. Source: Thomson July 17, 2007 Omega2020 | |||
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| EurozoneFX |
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| Registered Member #711 Joined: Tue Jan 10 2006, 10:11AMPosts: 953 | Swiss Retail Data Upbeat Swiss retail sales data was positive for the CHF and this could alleviate some of the near-term bullish momentum on the charts. Swiss retail sales rose 5.1% on the year in June, when compared to a year-earlier, while the month on month data beat expectations to post a 1.0% rise. The Federal Statistics Office data is also adjusted for inflation and shopping days so this should give players looking for a further SNB rate hike a small boost. Source: Thomson August 15 2007 Trading FX in the Eurozone | |||
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| EurozoneFX |
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| Registered Member #711 Joined: Tue Jan 10 2006, 10:11AMPosts: 953 | EurozoneFX wrote ... Swiss Retail Data Upbeat Swiss retail sales data was positive for the CHF and this could alleviate some of the near-term bullish momentum on the charts. Swiss retail sales rose 5.1% on the year in June, when compared to a year-earlier, while the month on month data beat expectations to post a 1.0% rise. The Federal Statistics Office data is also adjusted for inflation and shopping days so this should give players looking for a further SNB rate hike a small boost. Source: Thomson August 15 2007 Swiss Jun Adj. Retail Sales 5.1%Y/Y Vs. 3.1%Y/Y May Act. Prev. 15Aug 07:15 CHF Retail Sales %y/y Jun 5.1 3.1 Swiss retail sales (adjusted for inflation) rose 5.1pct year-on-year compared to May s slightly softer figure of 3.1pct. The groups other goods (+6.9pct), clothing/shoes (+3.1pct) and foods/ drinks/ tobacco (+0.8pct) recorded the strongest gains in nominal turnover in June 2007. Source: Thomson August 15 2007 Trading FX in the Eurozone | |||
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| EurozoneFX |
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| Registered Member #711 Joined: Tue Jan 10 2006, 10:11AMPosts: 953 | Spanish and Swiss Retails Sales (Jan) The world has changed significantly since January. Swiss and Spanish retail sales are expected to come in weak. Trading FX in the Eurozone | |||
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