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Switzerland M3 Money Supply fell to 1,227B in June 2026, released July 2026, down 0.5B from May's 1,227.5B reading.
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).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/CHF | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| EUR/CHF | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| CHF/JPY | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Moves with | → View |
| GBP/CHF | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
M3 Money Supply (Switzerland) was reported at 1,227.00 billion in July 2026. The reading fell from the previous value of 1,227.50 billion. Trailing 12-month context per ETL data through July 2026.
The indicator has been trending downward over the last three releases.
Historically, this indicator is negatively correlated with USD/CHF (Bullish CHF). A secondary relationship exists with EUR/CHF, negatively correlated (Bearish EUR).
The next release is scheduled for August 21, 2026. Same-country events in the next 14 days include CPI MoM (Aug 3) and Inflation Rate YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
M3 Money Supply is a key financial indicator that measures the total amount of money in circulation within an economy. It includes all forms of money, such as cash, checking and savings deposits, and other liquid assets. This indicator is closely monitored by economists and policymakers as it provides insight into the overall health and stability of an economy. Changes in the M3 Money Supply can impact inflation, interest rates, and economic growth, making it an important tool for analyzing and forecasting economic trends.
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.
Latest reading (Jun 2026): actual 1,227 B. Prior reading (May 2026): 1,228.3 B. Before that (Apr 2026): 1,228.5 B.
Sigmacast's 1-month forecast points to a similar 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.
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| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | KOF Leading Indicators | 103.5 | 102.1 | 101 | 102.25 | Medium | |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:30 | Retail Sales MoM | 0.2 | 0.9 | 1 | 0.75 | Low | |
| 06:30 | Retail Sales YoY | 1.5 | 3.4 | 3.2 | 2.65 | Medium | |