Swiss exports dove 7% in August from July as the rocketing franc took its toll. Goldman notes it...

|By:, SA News Editor

Swiss exports dove 7% in August from July as the rocketing franc took its toll. Goldman notes it was the sharpest decline since December 2008, and marks a big shift from just 2 months earlier, when exports were still rocking. This won't be the last weak print, says Goldman, as the EU slows and the lagged effects of the franc's rise continue.