The US dollar suffered large losses against its major rivals to begin the month of March as the disappointing macroeconomic data releases, combined with the Trump administration’s tariffs, revived fears over an
Comment: UBS Chief Investment Office GWM The European Central Bank cut interest rates by 25 basis points at its March meeting, taking the deposit rate to 2.5%, in line with our and
The EURUSD currency pair tried to stretch for a fourth straight day of gains, but markets are drawing into the middle ahead of Friday’s key US nonfarm payrolls (NFP) print. The Euro
A call centre in Cyprus was used as a front for an Israeli scam operation that appears to have targeted nearly 27,000 individuals around the world, convincing thousands of people to make
The EURUSD currency pair demonstrates strength around 1.0800 in Thursday’s European session ahead of the European Central Bank’s monetary policy decision, later in the day. The ECB is widely anticipated to reduce
By Giovanni Staunovo, Strategist, UBS Switzerland AG Oil prices have given up all of this year’s gains, with prices now trading at the lowest level since December amid US tariff news and
The world economy could be on the brink of “its most severe disruption since the 2007-2008 financial crisis, besides the pandemic,” the CEO of a leading financial advisory giant has warned, after
Despite the reputation for underfunding their militaries, Finbold research found that EU countries increased their cumulative defense budgets by nearly 122% in the last ten years. Specifically, the combined defense expenditure of
Apple’s iPhone is expected to introduce the next-generation text messaging service (RCS) in the second half of this year, allowing for text messaging in chat format and large file transfers with Samsung
Trump’s tariffs Tuesday is here and the levies are reshaping the world’s investment landscape in real time, warns the CEO of one of a leading independent financial advisory and asset manager. Nigel
