Latest data released by the SNB - 26 March 2018

  • That's CHF 2 billion less than the year-back quarter
  • Reserve assets recorded a net acquisition of CHF 3 billion
  • Compared with the CHF 21 billion recorded in Q4 2016

No schedule on this release but the SNB published the report here.

They say that:

In 2017, the current account surplus amounted to CHF 66 billion, CHF 4 billion higher than in
2016. The increase was largely attributable to primary income, where the receipts surplus
expanded by CHF 5 billion to CHF 9 billion. This was countered by a rise in the expenses
surplus for secondary income (current transfers), by CHF 1 billion to CHF 11 billion. In
goods trade, the receipts surplus was unchanged at CHF 48 billion. In services trade, too, the
receipts surplus remained the same, at CHF 19 billion.

More details from the report:

  • Lower receipts from investment income resulted in a slight expenses surplus on primary income (labour and investment income), which had shown a receipts surplus in the corresponding quarter of 2016
  • In the fourth quarter, transactions shown in the financial account resulted in a net acquisition on the assets side of the account (CHF 3 billion) and a net incurrence on the liabilities side (CHF 2 billion)
  • In the international investment position, stocks of financial assets increased by CHF 75 billion to CHF 4,768 billion in the fourth quarter of 2017

Not exactly market moving stuff though. USD/CHF at 0.9472, sitting in a narrow range for the day. EUR/CHF at 1.1729 near the highs as the euro strengthens further on the day.