Investec Switzerland. The Swiss Market Index is set to finish the week notably weaker along with global equity markets as fears around global monetary policy hit sentiment ahead of key meetings by the Bank of Japan and US Federal Reserve next week. The SMI did manage to outperform its European peers thanks to its heavy weighting towards more defensive pharmaceuticals and consumer staples sectors. © Microstock77 | Dreamstime.com Global equity markets had a tough start to...
Read More »Credit Suisse dropped from index as european markets feel pressure after bank stress tests
Investec Switzerland. The Swiss Market Index is set to close slightly higher this week, outperforming global equities thanks to defensive heavyweights such as Nestlé and Novartis. © Alan Gignoux | Dreamstime.com Pessimism hit European shares at the beginning of the week as sliding oil prices and bank stress test results helped revive concerns over the strength of the recovery and stability of the financial sector. The bank stress tests results showed most of the region’s...
Read More »Credit Suisse dropped from index as european markets feel pressure after bank stress tests
Investec Switzerland. SMI The Swiss Market Index is set to close slightly higher this week, outperforming global equities thanks to defensive heavyweights such as Nestlé and Novartis. Click to enlarge. Pessimism hit European shares at the beginning of the week as sliding oil prices and bank stress test results helped revive concerns over the strength of the recovery and stability of the financial...
Read More »Swiss stock market rally loses momentum
SMI The Swiss Market Index and global stock markets failed to extend last week’s rally after the Federal Reserve and Bank of Japan left rates unchanged and gave mixed messages about the global economic outlook. Japanese Economic Stimulus Japanese shares received a short-term boost after Prime Minister Shinzo Abe’s announced plans of a 28 trillion yen ($265 billion) economic stimulus drive, including a 13 trillion...
Read More »Swiss stock market rally loses momentum
Investec Switzerland. The Swiss Market Index and global stock markets failed to extend last week’s rally after the Federal Reserve and Bank of Japan left rates unchanged and gave mixed messages about the global economic outlook. © Josefkubes | Dreamstime.com Japanese shares received a short-term boost after Prime Minister Shinzo Abe’s announced plans of a 28 trillion yen ($265 billion) economic stimulus drive, including a 13 trillion yen fiscal spending package for...
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