In November, the sentiment indicator for the economic trend has recovered from the start of the second wave of coronavirus. Thanks to the news on vaccine availability, the analysts’ opinions on the equity market have not been this optimistic for more than two years.
The survey participants do not expect any rate cut decisions at the central bank December meetings. With the interest rate differential expected to remain un- changed, they have not altered their views on the fair value of the EUR/CHF exchange rate either.
Read the full article (see under Research: Swiss Economy / Financial Market Survey – November 2020 (PDF)) here.
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