Category: UBS
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3 Reasons to Buy Nvidia Stock as the UBS Global Technology and AI Conference Gets Underway
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It seems Nvidia (Nasdaq: NVDA) He is a victim of his own success. After another stunning quarter in which earnings per share (EPS) doubled year over year, the chipmaker’s stock fell in the days following the release of its third-quarter numbers. The truth is that expectations could not be higher.…
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Goldman Sachs and UBS see shekel gaining sharply
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The ceasefire agreement between Israel and Lebanon, which took effect last week, has led investment banks and rating agencies to revise their forecasts for the Israeli economy. Some of these organizations have provided particularly positive updates, which include a significant strengthening of the shekel and an improvement in Israel’s credit…
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UBS sets out forecasts for shekel as conflict widens
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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 scenarios. “GDP and the financial hit to the Israeli economy…
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UBS sees limited USD gains amid global events By Investing.com
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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 observation came after the US dollar (DXY index) rebounded after failing to break the 100 level.…
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UBS wary of chasing dollar weakness ahead of payrolls By Investing.com
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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 dollar trades. At 05:20 ET (09:20 GMT), the dollar index, which…
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UBS forecast gold to USD2900
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UBS Gold Forecast from Note on Growing Conflict in the Middle East: The forecast for the end of 2024 is $2,750 By the fourth quarter of 2025 to US$2,900 Briefly from the note: We expect global markets to face turmoil from time to time, but we do not expect a…
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UBS chair warns against big increase in capital requirements, newspaper reports By Reuters
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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 plans to tighten capital requirements on UBS and the other three big banks…
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3 reasons there are still higher prices to come for Gold – UBS target US$2700
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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 be the start of a broader easing cycle,…
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US easing cycle to weaken dollar, help euro to rise: UBS By Investing.com
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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 basis points at its September meeting, and is expected…
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UBS says gold is its “Most Preferred” in its global asset allocation
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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-2025 Briefly from the UBS report: Gold is expected to rise 23% in 2024, reaching an all-time high, due to lower US…
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UBS on the data ahead of the FOMC meeting – what could trigger a 50bp interest rate cut
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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 Bank’s decision to cut the federal funds rate by 50 basis points…
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UBS shifts to bearish US dollar view, sees potential GBP strength By Investing.com
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UBS advised investors to sell any potential short-term gains in the US dollar and adopt a more bearish stance on the currency in the medium term. The bank expects a possible corrective recovery in September, especially if the Fed’s reluctance to implement more than 25 basis points of interest rate…
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UBS shifts to bearish US dollar view, sees potential GBP strength By Investing.com
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UBS advised investors to sell any potential short-term gains in the US dollar and adopt a more bearish stance on the currency in the medium term. The bank expects a possible corrective recovery in September, especially if the Fed’s reluctance to implement more than 25 basis points of interest rate…
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What’s next for semiconductor stocks? UBS weighs in By Investing.com
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Investing.com – The semiconductor sector has been a focus of investor interest in recent years, driven by its crucial role in technology and the global economy. However, recent market trends have introduced both opportunities and challenges to semiconductor stocks. “Semiconductor stocks came under sharp pressure as part of a broader…
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UBS cuts US dollar targets; recommends fading any strength By Investing.com
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Investing.com – UBS has cut its long-term targets for the U.S. dollar, looking to outpace the currency’s rally as early as September. At 08:45 ET (12:45 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.1% at 101.655, after rising to a…
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Arcadium Lithium limps to new lows; UBS starts at Neutral on continued weak pricing
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MF3d/iStock via Getty Images Arcadium lithium (New York Stock Exchange: Altm) closed -9.6% In Tuesday trading, one of several alternative energy stocks hit a 52-week low, as a wave of bearish sentiment swept the energy sector into broad losses. Vistra (VST) and Constellation Energy (CEG)) included two of the day’s…
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UBS on all time highs in equity markets – “record highs aren’t the same as market peaks”
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Via UBS, some interesting points came as the S&P 500 was just about 1% above its record high. The note looks at the total returns of the S&P 500 Index (i.e. price gains plus dividends) since 1945, and points to a downside risk of 1%. Buy at…
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Further pressure on the US dollar is likely: UBS By Investing.com
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The US dollar is expected to face increasing downward pressure in the coming months, despite recent support from stronger-than-expected economic data. According to analysts at UBS, the outlook for the US dollar remains bearish, driven by a combination of narrowing interest rate differentials, concerns about the widening US fiscal deficit,…
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Nvidia shares could see $300B swing following Q2 earnings report: UBS
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Justin Sullivan Nvidia stock (NASDAQ: NVDAApple Inc.’s stock could swing around 10% after the chipmaker reports second-quarter results, UBS said Wednesday, as investors prepare to see if the company can beat expectations for second-quarter earnings and revenue. Current Options Prices showed that traders were expecting a move after the report…