1 April 2016 – Swiss and global market roundup.
Brought to you by Investec Switzerland.
The SMI is set to finish the week (-1.43%) lower, underperforming global equity markets (+1.50%), which were buoyed after US Fed Chair Janet Yellen said on Tuesday that slackening global growth called for a gradual approach to raising rates.
With a negative performance of -13.2% year to date, the Swiss index is among the world’s worst performers tumbling almost twice as much as the STOXX Europe 600 Index in the year 2016. The curse lies in the…