FIEE News and Press, UBS AG FI Enhanced Europe 50 ETN due February 12 2026 From 06/13/22

Before the supply-constrained economy that emerged after Covid, and the war in Ukraine, attempts of a sustained rise in global short-term interest rates had to contend with the fact that at least two major central banks, the ECB and the BOJ were stuck in the mud at the zero bound. Now...

All of the major central banks are facing a tight dilemma with inflation, but the European Central Bank has the hardest job at the moment. A monetary union, without a fiscal union, becomes a problem in a truly inflationary environment. A look at how Europe and the US differ in thi...

The market recognizes a strong consensus has emerged at the FOMC for 50 bp hikes in June, but the unexpectedly strong CPI report before the weekend saw the market price in about a 50% chance of a 75 bp hike in July. In May, the FOMC statement acknowledged the contraction in Q1 GDP but...

The central bank announces the end of its accommodative monetary policy. European Inflation rose again in May, raising fears that the peak had not yet been reached and could remain undesirably elevated for some time. The ECB appears comfortable with tightening financial conditions...

Two-plus years into the pandemic, nobody wants to hear the word Covid anymore. Covid-19 case waves significantly improved in April and May across most global regions. Global markets navigated formidable crosscurrents over the past year—high inflation, supply chain bottlenec...

It’s been a slow start to the month in financial markets but the ECB rate decision on Thursday finally got things moving and the US inflation data on Friday kept it going into the weekend. The Fed rate decision on Wednesday is naturally the highlight, as traders look for furthe...

The European Central Bank announced it will hike interest rates 25 basis points at its July meeting, and further hikes are coming in September and beyond. For now, the deposit rate is at -0.5%, but won’t be for long. From an investment perspective, I think this is really go...

At the press conference today, the European Central Bank tried to demonstrate a gradually accelerating hawkishness, keeping the door open to a series of rate hikes. Whether the ECB is now fully determined to bring inflation back to 2% as soon as possible or whether it will be a gradua...

The latest PMI data compiled for JPMorgan by S&P Global revealed an unwelcome mix of sluggish global economic growth and soaring business costs in May. Although global output growth picked up slightly in May, it remained at one of the weakest levels seen so far in the pandemic rec...

Consumer goods industries remain hamstrung by supply chain bottlenecks, soaring costs, and the shift in spending toward services, reporting only modest growth in May to contribute to a broader manufacturing malaise. Global economic growth continued to be fueled first and foremost by r...