UBS

In a survey of the Israeli economy, Swiss bank UBS notes that the economy has been in a difficult and complex situation since the Hamas attack on October 7, 2023, and sets a forecast for the shekel based on three…

Growth-supporting currencies have struggled recently, but upcoming economic data and central bank meetings are expected to cap further gains in the US dollar, UBS noted while providing insight into recent currency market movements. UBS's…

Investing.com - Stock prices rose and stock markets suffered weakness in response to Iranian missile attacks on Israel, but gains in the US dollar were more weak, UBS said, suggesting a market that is not particularly concentrated in short…

UBS Gold Forecast from Note on Growing Conflict in the Middle East:The forecast for the end of 2024 is $2,750By the fourth quarter of 2025 to US$2,900Briefly from the note:We expect global markets to face turmoil from time to time, but we…

ZURICH (Reuters) - UBS President Colm Kelleher warned on Sunday that Swiss government plans to boost capital requirements for major banks could harm the country's position as a financial centre. The government earlier this year laid out…

Gold hit an all-time high on Monday, and UBS is looking for more upside ahead.1. The Fed’s recent 50 basis point rate cut has boosted enthusiasm for gold by lowering the opportunity cost of holding non-yielding assets. This is expected to…

The U.S. Federal Reserve's monetary easing cycle that began on Wednesday should weaken the U.S. dollar and thus help the euro rise, UBS strategists said in a note. The Federal Reserve began its easing cycle by cutting interest rates by 50…

UBS analysts reiterated their bullish outlook for gold, citing its value as a hedge against macroeconomic and geopolitical uncertainty:Maintains a price target of $2,700 per ounce by mid-2025Briefly from the UBS report:Gold is expected to…

The main US data this week is on Tuesday, with the Federal Open Market Committee (FOMC) announcement the following day. UBS is watching retail sales and industrial production data, saying weakness in these could impact the European Central…

UBS has revised its stance on Interpublic Group (NYSE:IPG), downgrading the stock to sell from neutral and revising its price target down to $29 from $34 previously. The decision comes as the analyst believes the consensus has not fully…