The Swiss investor sentiment index fell by 8.3 points from a month earlier to -39.1 in October 2018, the lowest reading since February 2015, as investors are anticipating a further intensification of trade conflicts between China and the US. In addition, the assessment of the current economic situation declined by 9.6 points to 75.0. Contrarily and for the first time since last year, investors expect an appreciation of the Swiss franc against the US dollar and the euro. Zew Economic Sentiment Index in Switzerland averaged -6.39 from 2007 until 2018, reaching an all time high of 65 in October of 2009 and a record low of -91.10 in October of 2008.
Zew Economic Sentiment Index in Switzerland is expected to be -8.60 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Zew Economic Sentiment Index in Switzerland to stand at 5.10 in 12 months time. In the long-term, the Switzerland CS-CFA Society Economic Sentiment Index is projected to trend around 12.20 in 2020, according to our econometric models.