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The Swiss Investor Confidence Index has surged significantly.
On October 29, Jin10 reported that the Swiss ZEW Investor Confidence Index for October surged from -46.4 to -7.7, according to the U.S. financial website investinglive. UBS pointed out that this is one of the strongest recoveries for the index ever, with its rise only second to the spikes during the global financial crisis and the COVID-19 pandemic. Despite the recovery in October, the index remains below the level when the U.S. announced a 39% tariff on Swiss export goods in August.