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Swiss investors confidence rises in September

2017-09-27 11:51 am | Resource: NEWS | No Views : 306


Optimism among Swiss financial analysts improved in September last month, according to data from Credit Suisse investment bank on Wednesday.

Switzerland's Credit Suisse, which reflects analysts' forecasts for the economy in the next six months, rose to 28.0 in September from 25.0 in August.

About 32 percent of the respondents expect further improvement, 64 percent do not change the economic situation in Switzerland over the next six months, and 36 percent said the current economic situation is good.

Furthermore, the proportion of analysts who expect the Swiss franc to fall against the euro rose to 36 percent from 21 percent the previous month, yet 28 percent expect the Swiss franc to fall against the euro.

Fifty percent of all those surveyed expect the gold price to fall in the next six months, compared to only 10 percent in August.

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