FIEE News and Press, UBS AG FI Enhanced Europe 50 ETN due February 12 2026 From 06/04/22

A strong nonfarm payroll report means that the Fed won’t be pausing their interest rate hiking campaign anytime soon. The May employment report was impressive, but it will likely be the last strong one we will see in a while. The upcoming week is filled with important centr...

U.S. investors can capitalize on the current and implied future interest rate differential between the US and MSCI EAFE countries by hedging their foreign currency exposure. The dollar may weaken by more than the interest rate differential over the lifetime of the hedging program. ...

Euro area manufacturers continue to struggle against the headwinds of supply shortages, elevated inflationary pressures, and weakening demand amid rising uncertainty about the economic outlook. Spending power has hence been hit hard, and often consumers, in particular, have shown an e...

Markets may now be overestimating future euro-area growth and inflation, creating opportunities for active bond investors. Based on interest-rate futures, investors’ expectations now indicate modestly positive euro-area rates by September. Government bonds for euro-area per...

In both the US and eurozone, central bank officials have started to talk about neutral interest rates again. The concept of a neutral interest rate is often used to describe the stance of monetary policy. Neutral interest rates can be used as an analytical tool, after the fact, to...

After years of supporting corporate credit, the European Central Bank and Bank of England are set to reverse course, just as global growth begins to slow. While the loss of support will be felt in both markets, the differences in program structure and portfolio composition will have d...

A long-run real return is what you get over and above long-run inflation. In Europe, it's still negative. In the US, it's barely positive. Lower market yields of late have come from an easing in inflation expectations. But with real rates still so low, there is a natural pressure ...

Energy and commodity companies are largely paid in U.S. dollars. Portfolios that focus on inflationary growth sectors are benefiting from high prices for copper, crude oil, natural gas, fertilizer, lithium, and other higher commodity prices. The median new home sales price is now ...

Stocks had a ripsnorter of a rally last week and a lot of people are pondering the question in the title over this long weekend. Sentiment is certainly negative right now by several measures. Sentiment surveys (AAII, Investor’s Intelligence, etc.) are universally negative becau...

It’s likely to be another action-packed week despite numerous countries seeing it shortened by bank holidays. The jobs report is typically the highlight when it comes to the first week of the month but there will be competition from the OPEC+ meeting, Bank of Canada rate decisi...