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2023-05-26 21:00:00 ET Summary Treasury Secretary Yellen will soon provide an update on the X-date and that could show talks might have an extra week from the current June 1st deadline to get a deal done. The lira hit a record low against the dollar on Friday ahead of the vote, wi...
2023-05-24 02:25:00 ET Summary The financial markets are giving off mixed signals of late, and credit investors may wonder whether to be downbeat or optimistic. At first blush, corporate fundamentals appear to be softening, with top-line growth and earnings showing signs of slowin...
2023-05-24 00:30:00 ET Summary Eurozone business output grew for a fifth straight month in May, pointing to robust economic growth so far in the second quarter. Strong service sector growth contrasted with a steepening loss of factory output, linked in turn to a widening divergenc...
2023-05-23 23:16:00 ET Summary The idea of bunting (“small ball”) in baseball is that you can, somewhat counterintuitively, build a game-winning strategy through conservative positioning. Since the GFC, financial markets had fallen into a dynamic whereby if economic ...
2023-05-23 21:56:00 ET Summary Have central banks done enough to get inflation back to 2%? Are central banks still in control or will they be overwhelmed by troubling financial conditions? Why China's rebound has been softer than expected. For further det...
2023-05-23 00:00:00 ET Summary Despite the challenges of high inflation, tightening financial conditions and geopolitical conflicts, the global economy is likely to avert a recession. World real GDP growth picked up from an annual rate of 1.6% quarter over quarter in the final qua...
2023-05-22 21:15:00 ET Summary The S&P 500 Index made a new high for 2023 last week while its cousin – the S&P 500 Equal Weighted Index – was actually down for the year at the lows of last week. With Republicans walking out of debt ceiling negotiations last F...
2023-05-21 04:33:00 ET Summary In a surprise to many investors, European equities have advanced sharply over the past several months, including significant outperformance relative to U.S. stocks. The improved backdrop for European markets reflects a confluence of factors, includin...
2023-05-20 02:05:00 ET Summary Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. Wednesday is the main event as the Minutes could provide some hints that some policymakers are ready to pause tightening. Next week is bi...
2023-05-18 12:50:00 ET Summary April's surveys pointed to better-than-anticipated performances, beating expectations in all four major economies. US output rose for a third successive month and at the fastest rate for 11 months as growth accelerated in both manufacturing and servi...
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UBS AG FI Enhanced Europe 50 ETN due February 12 2026 Company Name:
FIEE Stock Symbol:
NYSE Market:
UBS AG announced today the Call Settlement Amounts for the below three UBS-issued exchange traded notes set forth in the following table (collectively, the “ETNs”). Table-1 [1] The table above provides a hyperlink to the relevant prospectus and supplements theret...
UBS AG announced today that it will redeem all of the outstanding securities in each of the two series of UBS-issued exchange traded notes set forth in the following table (collectively, the “ETNs”). UBS AG expects to deliver redemption notices with respect to each of the ETNs to ho...
UBS AG announced today that it will not issue any new notes in three of its outstanding custom ETNs (the “Custom ETNs”), which are listed in Table-1 below. In addition, UBS AG will cap the maximum number of each Custom ETN that could be outstanding at any time to the numbe...