Seeking Alpha

Swiss GDP tops forecasts

  • Swiss Q3 GDP +0.5% on quarter vs +0.5% in Q2 and consensus of +0.4%.
  • On year, GDP +1.9% vs +2.5% and +1.7%
  • Household consumption +0.2% on quarter, construction investment +1%, and exports of goods +0.5% following a long period of relative stagnation.
  • The USD-CHF is flat at 0.908 francs, while SMI stock futures are also little changed. (PR)
  • ETFs: FXF, EWL, FSZ
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