FIEE News and Press, UBS AG FI Enhanced Europe 50 ETN due February 12 2026 From 08/13/22

While the interest rate-sensitive housing sector may still feel the squeeze, we note that activity is at historically strong levels. Existing home sales have come off a bit more. They are expected to have fallen for the sixth consecutive month in July. While the housing market is ...

The global business climate is deteriorating in mid-2022, putting forecasters on recession watch. Real global GDP is likely to have declined in the second quarter of 2022, pulled down by contractions in emerging Europe, mainland China, and the United States. Adverse financial cond...

European earnings and revenue growth continue to be resilient in 22Q2 in the face of recession worries, higher inflation and interest rates and concerns around energy security. The forward 12-month net profit margin for the STOXX 600 reached an all-time high of 10.5% last month and ha...

Almost every month this year, the “discounts” on financial assets from their year-end 2021 prices have gotten larger, leaving the S&P 500 with its worst first half-of-the-year return since 1962 (narrowly avoiding its worst first half since the Great Depression). Ther...

The European Central Bank (ECB) is set to tilt its monetary policy strategy towards corporate bond issuers with “better climate performance”. While simple decision rules may seem useful, we think investors need a holistic understanding of climate issues to address the ca...

July was the highest revenue generating month of 2022. The US hard to borrow equity market pushes revenues higher. Fixed income continues to see strong demand. Corporate bonds are in for an impressive 2022. Global securities finance revenues totalled $1.215 bln, ...

Elevated inflation, slowing global economic growth expectations, and reduced central bank liquidity remain the key economic considerations. The policy interest rate divergence between the U.S. and Europe is likely to increase amid heightened recession risk in Europe. We expect mar...

After months of battering, global equity markets enjoyed a reprieve in July, lifted by hopes that worsening economic signals and falling commodity prices might give central banks, led by the Fed, some leeway to dial back their tightening campaigns. Despite their recent outperformance,...

As US dollar strength continued and inflation expectations softened, the gold price fell, gold ETFs lost 81t (US$4.5bn), and speculative positions in gold futures turned net short for only the fifth time since 2006. The market reaction to the July Fed meeting may encourage a more sust...

Europe agreed on a multi-year - arguably multi-decade - investment fund for energy transformation and the digitization of the economy. A common energy policy has been in discussions for decades, but the energy crisis might prove to be acute enough to necessitate a rapid response. We&#...