The speeches of the Chief Economist for the Swiss National Bank have heavy influence on markets as they give insight into the future of Switzerland's monetary policy. Speeches cover many aspects of Switzerland's economy, from productivity and tax issues to international relations with trade partners.

The market will generally focus on points that could suggest future interest rate changes. For example, if the speech states that high housing prices and energy costs are fueling inflation, then the financial markets will expect an interest rate increase in order to suppress inflation. Markets will also monitor the highlighted sectors in the upcoming period in order to gauge the likelihood of rate increases to come.

Relevance : Tends to move markets on release
Release schedule : No set schedule
Source of report : Swiss National Bank
Web Address : http://www.snb.ch/e/index3.html
Address of release : http://www.snb.ch/e/publikationen/publi.html