FIEE News and Press, UBS AG FI Enhanced Europe 50 ETN due February 12 2026 From 04/22/22

It could be an interesting start to the week depending on who wins the second round of elections in France on Sunday. The blackout period means there’ll be no commentary from the Federal Reserve next week. Earnings season is well underway though and there’s plenty of...

Inflation, by any measure, has been building momentum dating back to mid-2020. In the US, overall consumer inflation reached 8.5% in March, with food inflation at 8.8%. Economic theory suggests that building inflation expectations makes inflation more challenging to tame. This appears...

Last week, the European Central Bank (ECB) delivered a dovish surprise to the market. The ECB appears to share the IMF’s concern about safeguarding growth in Europe as monetary policymakers take steps to check the cycle of higher prices and inflation expectations. To an unu...

Policymakers have moved from a single objective of net-zero, to a 'trilemma' of goals including net-zero, supply security, and affordability. European natural gas consumption stood at about 527 billion cubic meters in 2021, of which roughly 170bcm was supplied by Russia. Besides c...

The nature of the economic cycle, originally due to the COVID pandemic, has been amplified. The ongoing lockdowns and the military conflict in Europe have prompted us to revise our inflation projections further. The dynamic shifting of corporate winners and losers is a constant an...

Based on past patterns, reported earnings growth is likely to be modestly higher than that. We think the biggest risk is from the impact of aggressive monetary policy response to contain inflation. The economy is still growing, consumers are still spending, and many businesses are...

We prefer equities even as bond yields have sprinted higher. Global growth is still solid, and we see central banks ultimately living with inflation. U.S. 10-year yields hit new three-year highs last week, and stocks fell. The European Central Bank affirmed our view it will normalize ...

The behaviour of the curve does not suggest we are at a turning point just yet. Market rates are still on the rise. Geopolitics remains front and centre as an issue for Europe, as the wider ramifications of the Russian war in Ukraine are assessed. For further details see: ...

If China were to continue to pursue a Zero Covid policy amidst rising case counts, supply chains originating in Asia could get shut down again. On the food front, wheat is particularly vulnerable to a prolonged conflict, which has been reflected in the performance of wheat futures. ...

After a long weekend, Wall Street is ready to dive back into earnings season. With the ECB taking its time to wrap up bond-buying and start raising rates, it would take something quite substantial to rock the boat. It would appear gold isn’t going to extend its winning run ...