Publications

Eurozone and US growth is level pegging. Fundamentals justify the rise in the Euro. The gap between valuation and profits is benefiting European companies. Key Points The German elections have dampened prospects of European reconstruction The ECB is confident, but concerned by the rise in the Euro Monetary policy will remain expansionary in 2018, despite […]

Real GDP up +0.3% in Q2. The SECO and the SNB revise their growth forecasts downward. Nevertheless, the likelihood of an upturn is enhanced by the appreciation of the euro. Key Points Real GDP up +0.3% in Q2 A stronger euro promises further GDP growth Final demand bolsters GDP growth The trade balance is not […]