The Swiss market started off on a firm note on Wednesday and despite a setback around mid-afternoon that pushed it briefly below the flat line, recovered well to end the day's session notably higher.The benchmark SMI, which dropped to 13,112.02, after having climbed to 13,238.37 earlier in the day, settled at 13,212.96, gaining 93.43 points or 0.71%.Zurich Insurance climbed more than 4%. The insur...
For comments and feedback contact: editorial@rttnews.com
Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.