UBS CFA Indicator: Middle East crisis hits analysts’ sentiment

• The UBS CFA Society Switzerland Indicator fell by 44.8 points to -35.0 in March following the escalation of the US-Iran conflict.
• Financial analysts anticipate higher interest rates in the Eurozone and the US over the coming six months and are far less optimistic regarding equity markets.
• While short-term inflation expectations for Switzerland rose significantly in March, long-term expectations remain firmly anchored within the SNB’s target range of 0 to 2%.

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