Market Updates: Swiss KOF Economic Barometer Slips to 96.3
The KOF Economic Barometer closes 2018 with 96.3 points. More precisely than last month, the indicator prevails beneath its long-term...
Arslan Butt•Friday, December 28, 2018•1 min read
As per the recent report coming from KOF Economic Research Agency, the KOF Economic Barometer closes 2018 with 96.3 points. More precisely than last month, the indicator prevails beneath its long-term average.
The high growth levels of the Swiss economy that was seen at the start of the year, can consequently no longer be affirmed. As a result, the economic outlook for early 2019 is more clouded.
In December, the KOF Economic Barometer fell by 2.6 points to 96.3 points compared with November (revised to 98.9 points from 99.1 points).
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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