Swiss ZEW Falls to Lowest Since September 2012 on Euro Area
2014-10-15 09:00:00.4 GMT
By Catherine Bosley
Oct. 15 (Bloomberg) -- Credit Suisse ZEW financial market
indicator, which tracks analysts’ expectations on economy for
the coming six months, fell to minus 30.7 points in Oct. from
minus 7.7 points
* ZEW: Outlook for Switzerland likely reflects fears of
contagion from euro area
* ZEW: Present state of euro-area economic activity rated
“poor” by majority of financial analysts
* ZEW: Though current state of Swiss economic activity not yet
being viewed as “poor,” outlook has “dimmed
dramatically”
* ZEW: Inflation expectations receded again in Oct.
* NOTE: German investor confidence fell to weakest level in
almost two years as recession concerns mount in Europe’s
biggest economy
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To contact the reporter on this story:
Catherine Bosley in Zurich at +41-44-2244134 or
cbosley1@bloomberg.net
To contact the editors responsible for this story:
Fergal O’Brien at +44-20-7330-7152 or
fobrien@bloomberg.net
Jana Randow
2014-10-15 09:00:00.4 GMT
By Catherine Bosley
Oct. 15 (Bloomberg) -- Credit Suisse ZEW financial market
indicator, which tracks analysts’ expectations on economy for
the coming six months, fell to minus 30.7 points in Oct. from
minus 7.7 points
* ZEW: Outlook for Switzerland likely reflects fears of
contagion from euro area
* ZEW: Present state of euro-area economic activity rated
“poor” by majority of financial analysts
* ZEW: Though current state of Swiss economic activity not yet
being viewed as “poor,” outlook has “dimmed
dramatically”
* ZEW: Inflation expectations receded again in Oct.
* NOTE: German investor confidence fell to weakest level in
almost two years as recession concerns mount in Europe’s
biggest economy
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Catherine Bosley in Zurich at +41-44-2244134 or
cbosley1@bloomberg.net
To contact the editors responsible for this story:
Fergal O’Brien at +44-20-7330-7152 or
fobrien@bloomberg.net
Jana Randow