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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland ZEW Survey - Expectations climbed to 20 in March 2013
FMPMonthlyReleased April 2013
Switzerland ZEW Survey - Expectations climbed to 20 in March 2013, released April 2013, up 17.7 from February's 2.3 reading. The print exceeded the 5 consensus by 15.
Latest Release
20.000000
Actual
5.000000
Consensus
2.300000
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
ZEW Survey - Expectations (Switzerland) was reported at 20.00 in March 2013. This beat the market consensus of 5.00 by 15.00. The reading rose from the previous value of 2.30.
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 April 2013.
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ZEW Survey - Expectations - CH
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About ZEW Survey - Expectations — Switzerland
DEFINITION
The ZEW Survey - Expectations is a widely recognized financial indicator that measures the sentiment and outlook of financial experts and analysts in Germany regarding the future economic conditions. This survey provides valuable insights into the expectations for key economic indicators such as inflation, employment, and GDP growth, and is considered a reliable predictor of future economic trends. The results of the ZEW Survey - Expectations are closely monitored by investors, policymakers, and businesses to make informed decisions and adjust their strategies accordingly.
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. 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 (Apr 2013): actual 20, consensus 5. Prior reading (Mar 2013): 2.3.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with USD/CHF (Bullish CHF, r=-0.50) — a useful reference for forex-focused traders.