HomeLive CommentsSwiss KOF dropped to 96.4 on manufacturing and construction

Swiss KOF dropped to 96.4 on manufacturing and construction

ActionForex
By ActionForex

Swiss KOF Economic Barometer dropped to 96.3 in December, down from 98.9 and missed expectation of 98.8. KOF said in the release “The main drivers of this development stem from indicators belonging to the producing sector (manufacturing and construction). In addition, a weakly negative signal is sent by the financial sector and private consumption. Favorable export prospects, on the other hand, cushion this downward tendency.”

Full release here.

Start Trading
Start Trading
Start Trading
Start Trading

Get daily and weekly ActionForex analysis and key releases on our Telegram channel.

ActionForex
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Latest Analysis

Load more

Learn Forex Trading