ZURICH/BERLIN, Sept 17 (Reuters) - The Swiss blue-chip SMI was seen opening 0.1% lower at 9,961 points on Tuesday, according to premarket indications by bank Julius Baer .
Here are some of the main factors that may affect Swiss stocks:
The Swiss government cut its 2019 growth forecast by a third on Tuesday, citing as risks the escalating trade war between China and the United States, the rising Swiss franc and the drastic slowdown in neighbouring Germany.
Government economists now expect the country’s economy to grow by 0.8% in 2019, down from the June forecast of 1.2% and well below the long-term average increase of 1.7%. It expects the Swiss economy to grow 1.7% in 2020, the same rate as the previous forecast.
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