Swiss Prelim. GDP QQ (Q4) 0.2% vs exp 0.3% (prev. -0.5%)
The Swiss preliminary GDP growth for Q4 came in at 0.2%, slightly below the 0.3% expectation but notably up from the previous contraction of -0.5%.
European Movers: Plus500 (PLUS LN) +1.8%, Hapag-Lloyd (HLAG GY) +0.4%, Galderma (GALD SW) -1.4%, HelloFresh (HFG GY) -3.0%, Norsk Hydro (NHY NO) -3.1%, Ratos (RATOB SS) -7.8%
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Swiss Prelim. GDP QQ (Q4) 0.2% vs exp 0.3% (prev. -0.5%)
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This print suggests moderate growth, albeit disappointing against forecasts, which could imply challenges in sustaining upward momentum and affect market sentiment regarding Swiss economic resilience.
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