Sharp rebound in Swiss GDP already anticipated by equity markets

11 Sep

Sharp rebound in Swiss GDP already anticipated by equity markets

Posted by Ahmad Saidali In Weekly Analysis 0 comment

The economic recovery is underway. SNB staying on course. Swiss franc likely to weaken against the euro. New paradigm for interest rates. Risks return to equity markets.

Key Points

Swiss GDP falls by -8.2% in Q2, by -10.5% in H1
Switzerland withstands the shock of Covid-19 better than its neighbours
Solid growth prospects in H2 for Swiss GDP, expected to rise by 5.5%
SNB maintains a policy distinct from that of the major central banks
Swiss franc likely to weaken
Temporary new paradigm in fixed income markets
Risk-reward ratio again unfavourable to Swiss equities

© 2024 BearBull Global Investments Group | All rights reserved .

BearBull Global Investments Group Limited is licensed by the Dubai Financial Services Authority (DFSA)

Legal Privacy Policy Sitemap