Latest data released by Credit Suisse and CFA Society Switzerland
The reading measures analysts’ expectations on the Swiss economy and other economic expectations over the next 6 months. Economic expectations dip to its lowest level since February 2015 as investor sentiment towards the global economy continues to deteriorate.
Of note, current situation assessment in the Eurozone economy improved from 28.0 in September to 33.3 in October but fell with regards to the economy in Switzerland and the US. Not a major release by any means but it highlights that investors are still on edge when it comes to the global economic outlook as trade tensions and geopolitical tensions continue to cast a dark cloud over proceedings as we move towards 2019.