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CHF ZEW Indicator of Economic Expectations

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17th November 2010, 15:14

oxygen.60

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CHF ZEW Indicator of Economic Expectations

The ZEW Indicator of Economic Expectations is continued to diminish drastically last month. It dropped by negative 27.5 points. The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six month time horizon. Also, the decline of economic sentiment, it should be distinguished that the indicator for the evaluation of the current economic position gained further 4.0 points this month. I am bearish for CHF on this session.

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