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The Switzerland market ended moderately lower on Thursday amid concerns the Federal Reserve will likely cut interest rate only once this year, as against earlier expectations of two or three reductions.
The Switzerland market shrugged off a slightly weak start and climbed higher on Wednesday after soft inflation data from the U.S. raised hopes the Federal Reserve will reduce interest rate a couple of times this year.
The Switzerland market ended slightly higher on Friday after a choppy session, as investors largely refrained from making significant moves..
Swiss stocks turned in a weak performance on Tuesday as concerns about the outlook for Federal Reserve's interest rates weighed on sentiment. Data on U.S. personal income and spending, which includes readings on inflation said to be preferred by Fed, due later in the week is in focus for clues about the outlook for interest rates.
After swinging between gains and losses till around mid afternoon, Swiss stocks found some support on Monday to end the day's session modestly higher..