FX.co ★ Swiss Investors' Pessimism Eases

The Swiss investor sentiment index showed significant improvement in May 2025, jumping 29.6 points to reach -22, compared to -51.6 in April. UBS reports that the analysts they surveyed anticipate a 25 basis point reduction by the Swiss National Bank, bringing the rate to 0% in June. They also highlighted that the reduction in trade tensions between the US and China played a role in boosting sentiment. Despite this, analysts maintain a cautious outlook, predicting a slowdown in economic activity over the next six months. On a more positive note, the current conditions index has shifted to the positive territory, climbing to 1.7 in May from -6.3 the previous month.