FIEE News and Press, UBS AG FI Enhanced Europe 50 ETN due February 12 2026 From 03/08/23

2023-03-08 22:46:00 ET Summary A 50bp rate hike next week looks like a done deal. As regards sentiment indicators, consumer confidence remains low and actual assessment components are still weak. Recent comments by ECB officials suggest that the debate at the ECB will become m...

2023-03-08 21:13:00 ET Summary GDP growth in the eurozone was revised down from 0.1% to 0% in the fourth quarter. Poor household consumption and investment data show that underlying developments are weaker than expected, adding concern about eurozone economic performance. For ...

2023-03-08 10:17:00 ET Summary There was a selloff in global government bond markets in February as central banks showed no sign of easing their monetary tightening programs. The U.S. Federal Open Market Committee (FOMC) met from Jan. 31–Feb. 1 and raised rates by 25 basis ...

2023-03-08 08:49:00 ET Summary Stocks, bonds and key commodity prices broadly fell in February as investors revised up expectations for policy rate peaks amid surprisingly resilient inflation and global economic data. Of the four largest emerging markets, only Taiwan continued to ...

2023-03-08 08:00:00 ET Summary HICP inflation fell for the fourth straight month in February. Energy inflation will plunge again in March. Sticky core inflation implies an increased risk of the ECB overdoing the tightening. Eurozone core inflation rates reached new r...

2023-03-08 04:53:00 ET Summary Global business activity rose in February at the fastest rate for eight months, according to the JPMorgan Global PMI. The improvement has helped allay global recession fears, and came as a positive surprise to the markets. Consumer services outpe...

2023-03-08 03:33:00 ET Summary Global jobs growth accelerated to a six-month high in February as improving demand conditions and rising business confidence encouraged greater hiring, with job gains reported in all major economies bar Brazil. The fastest jobs growth, by a whisker, ...

2023-03-07 12:50:00 ET Summary Global business activity grew at its strongest rate for eight months in February, reviving further from the low seen last October. Looking at the major developed economies, there was encouraging news from the US and Europe. Looking ahead, prospec...

2023-03-06 12:15:00 ET Summary We think improving euro area activity signals more rate hikes to come. We like short-term government bonds, high-quality credit and selected equity sectors. Data last week showed still-high euro area inflation and strong U.S. manufacturing activity. ...

Summary The US has a very busy week ahead. The two main events are Fed Chair Powell’s semi-annual testimony to Congress and the nonfarm payroll report. Christine Lagarde’s appearance in the middle of next week will be highly anticipated following the February inflation dat...