Swiss investor sentiment fell by 17.9 points to -15.3 in October 2026, down from +2.6 in September, according to the UBS and CFA Society Switzerland survey. The decline marked the sharpest monthly drop since March 2026, when sentiment was affected by the conflict in the Middle East. However, assessments of current economic conditions improved significantly, with the corresponding gauge rising to +26.7 in October from +18 in the previous month. UBS noted that the more positive assessment of current conditions put the sharp deterioration in economic expectations into perspective.