Switzerland October Credit Suisse investor sentiment 2.3 vs 26.2 prior

News

Latest data released by Credit Suisse and CFA Society Switzerland

For bank trade ideas, check out eFX Plus

Economic expectations have slumped heavily, even the readings for the Eurozone (drop from 11.5 to -7.0) and the US (drop from 8.2 to -9.3), and that reflects waning optimism among investors towards the outlook in Q4.

As the virus resurgence continues and tighter restrictions are being weighed across Europe, that is not going to have a positive impact on the economy ahead of the year-end.

The reading measures analysts’ expectations on the Swiss economy and other economic expectations over the next 6 months.

Articles You May Like

We’re changing our price target on TJX despite the retailer’s light guidance
USDJPY bounces off 100 bar MA on the 4-hour chart. Can the buyers keep the momentum?
Copper Technical Analysis – The sentiment remains mixed
Russia deputy prime minister says oil market is balanced thanks to OPEC+
Japan October headline CPI +2.3% (expected +2.2%, prior 2.5%)

Leave a Reply

Your email address will not be published. Required fields are marked *