UBN News and Press, E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Energy ETN From 03/02/22

A battery of global sanctions is likely to cripple the Russian economy. European equities are underperforming this week. Market psychology is pessimistic. For further details see: Ukraine Crisis Puts Pressure On Energy Markets; The Fed Responds

The SWIFT ban applies to about 70% of Russia’s banking activities. Notably, oil and natural gas payments are excluded. Russia is a major supplier of base metals to Europe, and these have seen price rises to levels not seen in a decade. Plus, the rise in natural gas prices will ...

Russia’s invasion of Ukraine and the sanctions which have followed have led to a significant change in the oil outlook. Whilst current sanctions are not targeting Russian energy exports, the risk of further escalation means the potential for large disruptions to oil flows. ...

Russia’s invasion of Ukraine, the biggest conventional military attack in Europe since World War II, has wide-ranging implications for economies and markets around the world. Disruptions from this war and the higher energy prices that result could significantly dampen Europe&#x...

At the moment, some variables are beginning to align that might be a sign of a recession on the horizon. Up until the Russian invasion into Ukraine, the market was nearly unanimous in thinking the Federal Reserve would increase the Fed Funds Rate by at least .25%, if not .50%. The...

Russia imports large amounts of consumer goods, from cars and consumer electronics to food, and a ruble collapse guarantees a massive spike in consumer price inflation for people who earn their living in rubles. A major disruption of Russia’s exports of crude oil, natural gas, ...

As a result of Putin’s folly, we will see energy price inflation from Russian supplies being cut off and food inflation from Ukraine’s “Breadbasket of Europe” being mired in a defensive war with Russia. Economic sanctions will be increased, but Russia also ...

The volatility surrounding Russia’s invasion of Ukraine continues to evolve. The absolute worst-case scenario - from both a human and economic cost perspective - would be that the fighting extends past the Ukrainian border. There will be continued economic and political unc...

We are tactically upgrading equities as we see greater clarity on the Ukraine conflict and reduced risk of central banks slamming the brakes to curb inflation. The S&P 500 slid into correction territory as Russia invaded Ukraine last week, but rebounded afterward. Bond prices show...

Russia has invaded Ukraine. Franklin Templeton Investment Solutions team reflects on the human tragedy that is occurring as they also parse the data to understand the resulting economic and market implications. On February 24, Russia invaded Ukraine and shelled military installations ...