Category: UBS
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UBS presents 3 scenarios that could lead to a decline By Investing.com
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The euro (EUR) has remained in a tight trading range against the US dollar (USD) throughout most of 2023, with UBS analysts expecting this trend to continue throughout 2024. According to UBS, the combination of political, economic and market dynamics makes forecasting the exchange rate particularly difficult. Key factors influencing…
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UBS optimistic on British pound, sets EUR/GBP target at 0.8400 By Investing.com
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UBS has expressed a bullish outlook for the pound, citing recent comments from new UK Chancellor Rachel Reeves on the government’s growth agenda. Reeves stressed the limited scope of government spending, indicating that the administration will focus on supply-side reforms to stimulate investment and growth. UBS noted that despite similar…
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Nvidia is poised to surge another 16% as signs point to ‘exceedingly robust’ demand for its next-gen Blackwell chip, UBS says
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Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/PI Nvidia’s stunning stock rally could continue to $150 per share, UBS said. Recent supply chain checks show “very strong” demand for Nvidia’s next-generation chips, the bank said. Nvidia’s potential EPS of $5 in 2025 would give it a valuation…
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Here are some of the major themes to watch out for in Q3, according to UBS By Investing.com
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Investing.com – The first half of 2024 will be marked by an AI-driven stock market rally, volatile bond yields and political uncertainty, according to analysts at UBS. So what does the third quarter hold for investors? In a July 1 note to clients, analysts outlined several key themes they will…
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UBS outlines what to watch out for in Europe’s upcoming earnings season By Investing.com
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The European earnings season is set to start in earnest on July 17, with results from chipmaking equipment group ASML (AS:), according to analysts at UBS. In a note to clients this week reviewing the latest quarterly earnings from the region, analysts added that expectations have been mostly on the…
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Pure Storage stock down as UBS downgrades to Sell due to unjustified valuation By Investing.com
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Shares of Pure Storage (NYSE:) fell more than 5% before the market open on Tuesday after UBS analysts downgraded the stock from neutral to sell. The move comes as UBS sees an unfavorable risk-reward profile for the flash storage solutions provider due to slowing growth, declining market share, high valuation,…
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RBA could hike rates in August, supporting AUDUSD- UBS By Investing.com
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UBS said it expects the Reserve Bank of Australia to raise interest rates in August after a series of inflation surprises, and that the Australian dollar (AUDUSD) is likely to benefit from such a scenario in the longer term. Australia’s inflation rate has unexpectedly risen for three straight months, raising…
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Path, destination of interest rates more important than timing of first cut: UBS By Investing.com
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Since the beginning of 2024, investors have been primarily interested in when the Federal Reserve will start cutting interest rates. Initially, March seemed like a good time to do this, but expectations then shifted to June after a wave of unfavorable economic data. Now, for the same reasons, the first…
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UBS neutral on EM stocks, but likes tech By Investing.com
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Investing.com — UBS said it was largely neutral on broader emerging market stocks amid heightened political volatility and limited upside potential from higher U.S. interest rates. But the brokerage firm said it prefers technology stocks in emerging markets, noting that the sector has largely outperformed its counterparts in emerging markets…
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UBS offers a bottom-up perspective By Investing.com
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The launch of ChatGPT in November 2022 marked a pivotal moment in the field of artificial intelligence (AI), driving its widespread adoption. According to UBS analysts, this event has stimulated significant investments and technological progress, with potential impacts across all economic sectors. In a recent note to clients, the bank’s…
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10 predictions on how artificial intelligence will reshape the world: UBS
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G studios Since ChatGPT was introduced in late 2022, Microsoft (NASDAQ:MSFT) With the support of its creator, generative AI is taking on the world and its broader implications for the global economy and society as a whole. While some research companies We believe generative AI can do this Heart of…
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UBS sees NZD/USD on shaky ground amid economic headwinds By Investing.com
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UBS has expressed caution regarding the New Zealand dollar (NZD), citing a challenging economic outlook and the potential for underperformance against other major currencies. The pair has traded within a range of 0.59 to 0.62 recently, with relatively high interest rates in New Zealand providing some support despite the weakness…
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UBS rejiggers its Group Executive Board as part of Credit Suisse integration (NYSE:UBS)
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MoreISO/iStock editorial via Getty Images In a further phase of the integration of Credit Suisse into the UBS Group (New York Stock Exchange: UBS), the company announced a number of changes to its Executive Board of Directors (“GEB”), including the retirement of Credit Suisse AG CEO Ulrich Körner and Noreen…
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UBS lowers EUR/CHF target to 0.96 amid expected ECB rate cuts By Investing.com
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UBS has revised its forecasts for the currency pair, indicating a bearish outlook in the short term. The financial services company revised its March 2022 target for the euro to Swiss franc exchange rate to 0.96, down from the previous 0.97. In addition, UBS presented a new forecast for June…
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UBS sees limited EUR/USD breakout potential above 1.10 by 2025 By Investing.com
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UBS has provided a forecast for the currency pair, suggesting that it may test the lower end of the current 1.05-1.10 range in the coming months. The company’s analysts expect the pair to move towards 1.05-1.07 after the euro’s recent rise, as the European Central Bank (ECB) is expected to…
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UBS sees Swiss franc on backfoot, predicts Fed rate cuts By Investing.com
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UBS has released a report analyzing the impact of the unexpected interest rate cut by the Swiss National Bank (SNB) in March on currency markets. The SNB’s early action, before other major central banks, sparked a wave of carry trades, leading to a significant weakness in the value of the…
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‘We believe 160 is toppish for USD/JPY’: UBS By Investing.com
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UBS sees a potential shift in the currency pair’s trajectory. Analysts at UBS suggest that the Japanese yen, which has been suffering significant weakness, may be on its way to reversing. These expectations are based on the growing concerns of Japanese policymakers and companies about the negative effects of the…
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UBS sees potential for Swedish krona volatility amid rate cuts By Investing.com
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UBS provided an analysis of the Swedish krona’s performance, suggesting a weakening position against the euro since May, with the pair returning to levels seen the previous year, despite the Riksbank’s efforts to support the currency last September. The bank expects the EUR/SEK pair to rise in the near term…
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UBS suggests shorting USD/CHF amid DXY pullback and data woes By Investing.com
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UBS recommended investors sell the pair, indicating attractive entry levels for trading. The company confirmed that the DXY index, which measures the strength of the US dollar against a basket of currencies, fell 1.5% from its peak in late April due to disappointing US economic data. Despite the Federal Reserve’s…
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UBS shifts stance on Swiss franc, now sees it as neutral By Investing.com
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UBS revised its outlook on the Swiss franc, adjusting the currency’s position from “least favourable” to “neutral”. This reassessment comes amid expectations that the US dollar will maintain its strength, with the possibility of intermittent increases in value. However, UBS does not expect a sharp rise or significant decline in…