Switzerland Sept KOF leading indicator now out 29 Sept
- 104.2 prev revised up from 104.1
The KOF Leading Indicators Index is designed to predict the direction of the economy over the following six months. The index is a composite reading of 12 economic indicators related to banking confidence, production, new orders, consumer confidence and housing.
USDCHF 0.9703 with EURCHF steady around 1.1450 near session highs as euro demand prevails.