Swiss GDP tops forecasts

|By:, SA News Editor

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