Economic Expectations Decrease for the Third Consecutive Month
ZEW-CS Financial Market Test Switzerland
In March the current economic situation in Switzerland is assessed only slightly worse compared to February. The respective indicator has declined by 4.7 points to the 42.9 points-mark.
The Crimean Conflict and the current tensions with Russia potentially influence analysts' stock market expectations: The performance of the Swiss Market Index (SMI) is assessed significantly more pessimistic compared to last month's survey. The respective indicator fell by 11.2 points to 32.5 points. Likewise, expectations for the European stock markets have lost ground. The assessment of the development of the EURO STOXX 50 has dropped by 8.4 points to the 37.9 points reading.
More detailed results - including survey participants' assessment of developments in other countries - can be found in this month's edition of the "Switzerland Financial market report" (please note that the URL is case sensitive):
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