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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Industrial Orders YoY climbed to 11.4% in May 2018
FMPMonthlyReleased June 2018
Switzerland Industrial Orders YoY climbed to 11.4% in May 2018, released June 2018, up 0.2% from April's 11.2% reading.
Latest Release
11.400000
Actual
—
Consensus
11.200000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
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
Industrial Orders YoY (Switzerland) was reported at 11.4% in June 2018. The reading rose from the previous value of 11.2%.
WHY IT MATTERS
The trailing three releases averaged 12.17%, up from the prior three at -1.7%.
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).
WHAT TO WATCH NEXT
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 June 2018.
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Industrial Orders YoY - CH
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About Industrial Orders YoY — Switzerland
DEFINITION
Industrial Orders YoY (Year-over-Year) is a financial indicator that measures the change in the total value of orders received by industrial companies compared to the same period in the previous year. This indicator provides valuable insights into the strength of the manufacturing sector and overall economic activity, as well as potential future trends in production and sales. It is widely used by investors, analysts, and policymakers to assess the health of the industrial sector and make informed decisions.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2018): actual 11.4 %. Prior reading (Oct 2017): 19.6 %. Before that (Jul 2017): 5.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/CHF (Bullish CHF, r=-0.50) — a useful reference for forex-focused traders.