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Market Updates: Switzerland’s Trade Balance Reports a Surplus of 3.13B

The Federal Statistical Office of Switzerland just reported a trade surplus. Here’s a quick update:

The trade balance rose to 3.13B vs. 2.88B forecast. As per the report, Switzerland’s exports also rose in February 2019, seasonally adjusted to 2.3%. This continued the positive trend in exports recorded since September 2018.

While, after two solid months of growth, imports slid into the negative area in February (- 1.2%, real: – 3.0%). The trade balance showed one surplus of 2.0 billion Swiss Francs.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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