The Swiss ZEW economic sentiment indicator released on Wednesday was slightly higher than forecasts. Economic sentiment improved by 1.9 points from May, to reach 19.4 in June. Economic expectations also continued the trend seen in the second quarter of this year. The metric reached the highest assessment since February of 2014 and reflected the expectations of economic development in Switzerland over a 6-month horizon. However, despite the optimism no adverse changes are expected for this measurement in the medium-term.
UK Referendum Vote Underway
Daily Analysis - 23/06/2016