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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Current Account fell to 7B in October 2025
FMPMonthlyReleased March 2026
Switzerland Current Account fell to 7B in October 2025, released March 2026, down 8.8B from September's 15.8B reading. The reading missed the 12.5B consensus by 5.5B. The print is running well below the 12-month average of 15.49B. Current Account is now the lowest in 12 months.
Latest Release
7
Actual
12.5
Consensus
15.8
Previous
Median Absolute Error
±3.03 billion
across last 10 releases
Last Call
Mar 2026
Predicted: 12.5
Actual: 7
Error: +5.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CHF | ▼ Inverse | −0.50 | FOREX | Bullish CHF | → View |
| EUR/CHF | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| CHF/JPY | ▲ Direct | +0.40 | FOREX | Bullish CHF | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| GBP/CHF | ▼ Inverse | −0.35 | FOREX | Bullish CHF | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account (Switzerland) was reported at 7.00 billion in March 2026. This missed the market consensus of 12.50 billion by 5.50 billion. The reading fell from the previous value of 15.80 billion. Trailing 12-month context per ETL data through March 2026. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 10.87 billion, down from the prior three at 11.83 billion. In March readings over the past 3 years, Current Account has averaged 10.73 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CHF (Bullish CHF). A secondary relationship exists with EUR/CHF, negatively correlated (Bearish EUR). Over the last 10 releases, the Sigmacast model's median absolute error is 3.03 billion.
WHAT TO WATCH NEXT
The next release is scheduled for June 23, 2026. Same-country events in the next 14 days include Balance of Trade (Jun 18) and SNB Interest Rate Decision (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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Current Account - CH
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About Current Account — Switzerland
DEFINITION
The Current Account is a financial indicator that measures a country's trade balance, including the value of goods and services exported and imported, as well as income received and payments made to other countries. It provides insight into a nation's economic health and its ability to pay for imports and service its debt. A positive current account balance indicates a surplus, while a negative balance indicates a deficit. This indicator is closely monitored by investors, policymakers, and economists as it can impact a country's currency value and overall economic stability.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2025): actual 7 B, consensus 12.5 B. Prior reading (Jul 2025): 15.4 B. Before that (Apr 2025): 10.2 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/CHF (Bullish CHF, r=-0.50) — a useful reference for forex-focused traders.