FIEE News and Press, UBS AG FI Enhanced Europe 50 ETN due February 12 2026 From 03/16/23

2023-03-16 05:05:00 ET Summary Over the past week, investors have had to digest U.S. banking failures and the threatened collapse of a major European bank. This stress has finally underscored the tensions between global central banks’ efforts to tame inflation and growing c...

2023-03-16 01:24:00 ET Summary The crisis has broader macroeconomic implications and serves as a potent reminder that the banking system, asset markets, and the broader economy are all intrinsically linked via interest rates. Recession risks have increased because of the likelihoo...

2023-03-14 06:55:00 ET Summary SVB reverberations continue. In the US, the FRA/OIS spread is at a tipping point and needs to calm to help generate wider calm. US financial conditions have tightened considerably as a consequence of all of this. This does a job for the Fed, but ...

2023-03-13 23:52:00 ET Summary Inflation data support ongoing hawkish rhetoric at the ECB but financial stability risk has markets substantially re-price the path for policy rates lower. The risk of miscommunication is high at this meeting; our call for one last spike in rates bef...

2023-03-13 11:20:00 ET Summary Stocks are starting to reflect the economic damage from higher rates - and we see more hikes due to sticky inflation. But expected earnings still look rosy to us. U.S. stocks fell over 4% last week and erased most of their gains for the year, partly ...

2023-03-11 06:36:00 ET Summary The rapid increase in central bank policy rates globally has meant that the cost of hedging currency exposure on foreign assets for many investors has changed significantly. The rapid change in cost for some investors has significant implications for...

2023-03-11 00:46:00 ET Summary Wall Street will pay close attention to the February inflation report. The ECB is widely expected to raise interest rates by 50 basis points on Thursday but it’s what comes next that investors will be most interested in. The fact that the ...

2023-03-10 16:14:00 ET Summary Last week saw the eurozone’s headline inflation for February decline to +8.5% YoY although core inflation (excluding food and energy) came in above expectations at +5.6% YoY. Food inflation remains the key driver of headline inflation (+15% Yo...

2023-03-10 05:05:00 ET Summary Stress in the US banking sector yesterday reminds us that system integrity is key for Fed policy ahead. The Fed has been able to hike aggressively as the system could take it. It likely still can, but evidence of balance sheet stress, even if a one-o...

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...