Suisse Indice Du Sentiment Économique Zew

The Swiss investors’ sentiment index increased by 29.6 points to -22 in May 2025 from -51.6 in the previous month. According to UBS, surveyed analysts expect a 25 basis point SNB rate cut to 0% in June. They also noted that a "de-escalation of trade tensions between the US and China" contributed to the improved sentiment. However, surveyed analysts continue to forecast an economic slowdown over the next six months. Meanwhile, the current conditions index turned positive, rising to 1.7 in May from -6.3 in the preceding month.