Swiss stocks advance before ECB's decision

Source: Bloomberg
© Scanpix/Reuters
Switzerland's stock rose after 3 days of losses before the ECB's meeting to discuss interest-rate policy. The Swiss Market Index increased 0.8% to 7,735.85, however, the gauge is still 8% below its value on May 22 when the Fed indicated that it might unwind its QE earlier. The Swiss Performance Index gained 0.7%. Economists predict that the ECB will not change the rates.

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