Latest data released by Credit Suisse and CFA Society Switzerland
- Prior -42.3
The reading measures analysts' expectations on the Swiss economy and other economic expectations over the next 6 months. Economic expectations improved for the Swiss economy but remains relatively subdued for both the US and European outlooks - readings at -48.2 and -25.9 respectively (from -38.5 and -26.9 prior respectively).
The rise is mainly due to a jump in interest rate expectations, which I would look past because there isn't any real indication that the SNB will be able to hike rates any time soon. More so when the ECB still has their hands tied due to the waning economic momentum in the Eurozone.
