Swiss Investor Sentiment Falls In January: ZEW Survey

Swiss investor sentiment declined in January, a survey conducted by the Center for European Economic Research (ZEW) in cooperation with Credit Suisse (CS) showed Wednesday.

The headline ZEW-CS indicator fell to 36.4 in January from December’s three-and-a-half year high reading of 39.4.

However, the survey noted that the current change should rather be considered as a sideward movement of the indicator, which continues to hover at a high level and thereby sets a positive signal for Switzerland’s economic development.

The index reflecting the current economic situation in Switzerland rose to 50 in January from 48.5 in December. The assessment of the current economic situation has not been better since July 2011, the report noted.

Half of the surveyed financial market experts evaluated the current environment as “good”, while half of them rated it as “normal”.

The material has been provided by InstaForex Company – www.instaforex.com

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