Swiss economy seen expanding by 0.5% in Q4 2017 - Bloomberg survey

Summary details of a Bloomberg survey of 30 economists on the Swiss economy for 2018

• Prior survey showed Q4 2017 growth +0.7%
• GDP 1Q 2018 +0.5% q/q vs prior +0.4%
• GDP 2Q 2018 +0.4% q/q vs prior +0.4%
• GDP 2017 +1.0% y/y vs prior +0.9%
• GDP 2018 +1.9% y/y vs prior +1.8%
• CPI 2018 +0.6% y/y vs prior +0.6%

More economists' expectations on Switzerland and its economy. Earlier, another survey by Bloomberg showed that economists are looking at Q4 2019 as the date the SNB moves to hike rates.

USD/CHF is now at 0.9629 near session highs of 0.9638. Meanwhile, EUR/CHF is at 1.1773 currently - just a little higher on the day.