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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland ZEW Expectations climbed to 39.4 in December 2013
FMPMonthlyReleased December 2013
Switzerland ZEW Expectations climbed to 39.4 in December 2013, up 7.8 from November's 31.6 reading. The print exceeded the 36 consensus by 3.4. The print is running well above the 12-month average of 31.6.
Latest Release
39.4
Actual
36
Consensus
31.6
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).
THE RELEASE
ZEW Expectations (Switzerland) was reported at 12.10 in August 2026. The reading rose from the previous value of 10.00. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged -7.24, ranging from -46.40 to 12.20 across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged -0.97, up from the prior three at -12.10. Volatility over the past year (σ 19.45) is lower than the prior year (σ 22.67).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU).
WHAT TO WATCH NEXT
The next release is scheduled for September 30, 2026. Same-country events in the next 14 days include Balance of Trade (Sep 17) and SECO Economic Forecasts (Sep 17).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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ZEW Expectations - CH
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About ZEW Expectations — Switzerland
DEFINITION
ZEW Expectations is a widely recognized financial indicator that measures the sentiment and expectations of financial experts and analysts in Germany. It provides valuable insights into the future economic outlook of the country, as well as potential market trends and investment opportunities. This indicator is closely monitored by investors and policymakers as it can impact financial decisions and strategies. ZEW Expectations is considered a key indicator for assessing the overall health and stability of the German economy.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 12.1. Prior reading (Jul 2026): 10. Before that (Jun 2026): -25.
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 XAU/USD (Bearish XAU, r=-0.41) — a useful reference for commodities-focused traders.
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EXPECTED ZONE
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Economic Calendar - CH Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | CH | Producer Price Index YoY | -0.7 | -2.1 | -1.3 | -1.00 | Low |
| 06:30 | CH | Producer Price Index MoM | 0.7 | -0.1 | 0.1 | 0.40 | Low |
| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | CH | Balance of Trade | 8.1 | 7.5 | 8.55 | Medium | |