Macroéconomie

La Suisse élève sa prévision de croissance du PIB de 2026 à 1,7 %, comme la faiblesse du franc lui est favorable
Le SECO a haussé sa projection de croissance pour 2026 à 1,7 % contre 0,9 %, en citant des données du deuxième trimestre plus fortes que prévu et une faiblesse du franc qui stimule les exportations.

Le score du système suisse de pension atteint un niveau record, mais les craintes concernant le financement persistent
Le Raiffeisen Vorsorgebarometer atteint 725 points, en augmentation de 28 points par rapport à l'année dernière, grâce aux finances plus solides des caisses de pension. Cependant, près de 40 % des personnes interrogées craignent que l'AHV ne puisse couvrir les coûts futurs.

Poutine fait face à un stress économique alors que la Russie organise les premières élections à la Douma en temps de guerre
La Douma d'État russe procède le 18-20 septembre à des essais de la patience du public dans un contexte d'économie en récession, de hausse des taxes et de crise du carburant, alors même qu'on s'attend à ce que le parti Unité russe conserve sa supermajorité.

Calendrier des marchés : réunion de la BCE, données sur le logement aux États-Unis le 17 septembre
La décision d'intérêt de la Banque d'Angleterre, l'inflation des prix à la consommation dans la zone euro et les permis de construire aux États-Unis orientent une journée chargée d'informations, en parallèle des événements de capital-marché des entreprises tels que DHL, Bechtle et Wacker Chemie.

Calendrier économique suisse : lectures de la politique de la SNB, résultats clés des entreprises cette semaine
Dans le calendrier économique et financier de la Suisse, vous trouverez des évaluations de la SNB, des résultats importants et le lancement de stratégies dans les secteurs de la banque, de l'immobilier et de l'industrie.

La Réserve fédérale publie le Beige Book avec des aperçus trimestriels de l'économie américaine
La Réserve fédérale publie son Beige Book huit fois par an, résumant les conditions économiques anecdotiques dans les 12 districts au moyen de rapports des directeurs et d’entrevues d’experts.

U.S. Private Sector Adds 16,250 Jobs Weekly Through Late August
ADP Research said the four-week average for private hiring rose to 16,250 jobs through Aug. 29, marking a second consecutive weekly gain.

US 10-year yield forecast to hit 24-year high of 5.2% by year-end
Standard Bank's Steven Barrow sees the 10-year US Treasury yield reaching 5.2% by year-end and 5.3% in Q1 2027, after it rose to 5.01% on Monday.

French industrial output drops unexpectedly in July
Seasonally adjusted production fell 0.4% MoM, contrasting analyst expectations of growth and signaling potential weakness in the second quarter.

China services PMI climbs to 51.4 in August on stronger domestic demand
Private-sector services PMI rose to 51.4 in August, up from 50.4 in July, as firms added staff for a fourth straight month and new business rebounded on stronger domestic demand.

UK Mortgage Rates Expected to Rise as Bond Sell-Off Pushes Swaps to 3-Year High
UK five-year swap rates climbed above 4.52%, their highest since October 2023, as a global bond sell-off driven by oil prices and inflation fears threatens to raise borrowing costs for mortgagors.

Russian frigate fires warning flares at Danish military helicopter off Danish coast
A Russian frigate launched two pyrotechnic warning flares at a Danish NATO helicopter in international waters on Monday; the flares missed and Denmark plans to summon the Russian ambassador.

U.S. Stock Futures Flat as Fed Rate-Hike Bets Clash With AI Slowdown Fears
Wall Street held steady ahead of Wednesday's Fed meeting despite a 5% tumble in semiconductors on slowing-AI concerns, while markets price in a 25-basis-point rate hike.

UK unemployment stays at 4.9% as job vacancies hit decade low
The unemployment rate held at 4.9% in the three months to July, below forecasts, while vacancies fell to 702,000 – the lowest level outside the pandemic for more than ten years.

UK firms shed jobs as wage growth slows to 3.9%
Payrolled employee numbers fell 26,000 in August, while total pay growth eased to a near six-year low. State pension set to rise 3.9% under triple lock.

China's retail sales rise only 0.4% in August, industrial output beats expectations
Weak consumer spending and continued investment drag contrast with stronger factory output, keeping pressure on policymakers to meet the full‑year growth target of 4.5‑5.0%.

German self-employed optimism rises fourth straight month
Ifo sentiment index for solo self-employed and micro-enterprises climbed from -22.6 to -19.7 in August, driven by improving expectations despite ongoing challenges.

Macro calendar: ZEW, ADP, Empire State among key data releases Monday
The German ZEW survey, UK jobs data, French consumer prices, and US ADP and Empire State manufacturing reports round out the Monday schedule.

Swiss Economic Calendar: Data Releases, Earnings Due Sept 15-22
Switzerland’s weekly financial calendar features Austrian and Swiss inflation data, SNB balance-of-payments figures, and H1 earnings from Addex, Curatis, Newron and others.

Trump approval rises from record low as Democrats widen lead
A Reuters/Ipsos poll shows Trump's approval at 35% after a record 33% low, while Democrats lead Republicans 44% to 37% ahead of US midterms.

Canada Seeks C$1 Trillion in Foreign Investment as US Tariff Threat Looms
PM Mark Carney hosts an investor summit targeting 160+ projects in mining, energy, tech and infrastructure, aiming to offset 50% US tariff threats with C$1 trillion in five-year inflows.

Democrats send counteroffer to Republicans over Clarity Act provisions
Democratic senators have sent a counteroffer to Republicans on Clarity Act provisions and are meeting to discuss a draft text.

Swiss Economic Calendar: Earnings, Inflation Data and Industry Events, Sept 9–16
Swiss economic output over the week includes H1 earnings from Bioversys, Medacta, Mobiliar and others, plus BAFU inflation data and an SNB government-bond result.

US bans Canadian motorcycles, dairy and alcohol amid escalating trade war
The White House confirmed new import restrictions on Canadian beer, wine and whisky take effect Sept 29, as Trump threatens further tariff hikes and orders Canadian goods removed from federal procurement.

