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As investors bet on a milder inflation outlook, the MSCI World Equity index rose to its highest so far this year. On Friday it was up 0.2% on the day, after a week of gains put it on track for its biggest weekly rise since November 2022 (.MIWD00000PUS). The positive momentum was set to continue into Wall Street, with S&P 500 futures up 0.1% and Dow futures up 0.4% . The U.S. dollar index was at 99.821, holding near the 15-month low of 99.574 hit earlier in the session and set for its biggest weekly decline since November . Meanwhile the Swedish crown was set for its biggest weekly gain against both the dollar and euro in 14 years , .

Persons: Germany's DAX, Norman Villamin, We're, Villamin, UBP's Villamin, Brent, Gold, Elizabeth Howcroft, William Maclean, Chizu Organizations: U.S . Federal Reserve, Dow, Money, Federal Reserve, U.S, JPMorgan Chase, Wells, Thomson Locations: Europe, U.S

☆ The U.S. Fed will probably err on the side of not pausing rate hikes too soon, says strategist
▼ + stars: | 2023-07-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. Fed will probably err on the side of not pausing rate hikes too soon, says strategistNorman Villamin, group chief strategist at UBP, says there are still concerns about the latest inflation data.

Persons: Norman Villamin Organizations: U.S, Fed

[1/3] Pedestrians are reflected on a window of a commercial building at closing hour at a financial district in Tokyo, Japan, November 22, 2017. The number of activist funds has trebled over the last five years to 69, according to data from IR Japan. Joining a hedge fund where you might lose your job tomorrow because you lost money or didn't raise funds is a very foreign world for such workers." "Many global hedge funds are opening up Tokyo offices and hiring talent" to support a growing investment focus, said Masa Yanagisawa, head of prime services Japan at Goldman Sachs in Tokyo. Hong Kong-headquartered activist hedge fund Oasis Management has hired people in Japan this year, including a former senior regulatory official it appointed to its advisory council.

Persons: Kim Kyung, Warren Buffett, Stefan Nilsson, Masa Yanagisawa, Goldman Sachs, Seth Fischer, FinCity.Tokyo, Keiichi Aritomo, Toby Bartlett, Goldman's Yanagisawa, UBP, Cedric Le Berre, Xie Yu, Makiko Yamazaki, Scott Murdoch, David Dolan, Lincoln Organizations: REUTERS, Global, Nikkei, Funds, Oasis Management, Oasis, Citadel, Citadel Securities, Nasdaq, May, Angel, Asset Management, Thomson Locations: Tokyo, Japan, HONG KONG, TOKYO, Hong Kong, Singapore, Swiss, China, Taiwan, Sydney

☆ Investors in China will have to factor in a higher risk premium in light of U.S.-China tensions: UBP
▼ + stars: | 2023-06-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors in China will have to factor in a higher risk premium in light of U.S.-China tensions: UBPVey-Sern Ling, senior equity advisor at UBP, discusses U.S. Secretary of State Antony Blinken's visit to Beijing and says business sentiment in China is "clearly negative," especially for foreign businesses.

Persons: UBP, Sern Ling, Antony Blinken's Organizations: Investors, U.S Locations: China, U.S, Beijing

☆ Chinese company earnings reveal lopsided economic recovery
▼ + stars: | 2023-05-10 | by ( Summer Zhen | ) www.reuters.com time to read: +4 min

Restaurants and tourism businesses recovered, with travel-related consumer services sector earnings surging 155%, data from China International Capital Corp (CICC) showed. Food-and-beverage sector earnings jumped 18% and automobiles were up a smaller 8%. Several analysts believe the first quarter will be the low point for 2023 and full-year earnings will reach double digits. Refinitiv data forecasts full-year earnings growth of 26% for companies listed on the Shanghai Stock Exchange. The materials sector posted the worst results, with earnings in steel and building materials tumbling more than 60%, respectively.

☆ Bulk of valuation re-rating in China tech 'is probably behind us,' UBP says
▼ + stars: | 2023-02-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBulk of valuation re-rating in China tech 'is probably behind us,' UBP saysVey-Sern Ling of the bank says "the rally has fizzled somewhat."

☆ Hong Kong services to rebound as China reopens, but UBP says sector is coming from 'fragile situation'
▼ + stars: | 2023-02-02 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: 1 min

Hong Kong's service sector will be the part of economy that sees "the biggest rebound" as borders reopen, UBP told CNBC's "Squawk Box Asia" on Thursday. However, it warned that the sector is coming "from a very fragile situation," given its contraction in every quarter of 2022. "We can't exclude the possibility of further insolvencies or bankruptcies … even as things do look to improve in the months ahead," said Carlos Casanova, UBP's senior economist for Asia. The latest figures from the Hong Kong government also showed the city's economy contracted by 4.2% in its fourth quarter, the fourth-straight quarter of declines. "That contraction was much faster than we had anticipated, our forecast was -2.8%," Casanova added.

☆ The Bank of Japan was just playing catch-up with the market, UBP says
▼ + stars: | 2022-12-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Bank of Japan was just playing catch-up with the market, UBP saysZuhair Khan of UBP discusses the central bank's decision to tweak its yield curve control policy.

☆ Keeping ADRs listed in the U.S. is what China wants to some extent, UBP says
▼ + stars: | 2022-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKeeping ADRs listed in the U.S. is what China wants to some extent, UBP saysVey Sern-Ling of UBP says that provides foreign investors access to their companies.

☆ Economist says there are two things China needs to do recover economically
▼ + stars: | 2022-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomist says there are two things China needs to do recover economicallyCarlos Casanova of UBP says the country needs to move away from its zero-Covid policy and continue easing monetary and fiscal policies.

☆ China's market is for long-term investors, says UBP
▼ + stars: | 2022-11-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's market is for long-term investors, says UBPVey Sern Ling of UBP discusses the outlook for China markets, and says that current markets are "depressed" but there could be an upside in the longer term.

LONDON, Nov 1 (Reuters) - European stocks rose in early trading on Tuesday, supported by speculation among investors that central banks could come to the end of their rate-hiking cycles. Norman Villamin, chief investment officer of Wealth Management at UBP, said the rise in European stocks could be due to "effectively dovish" guidance from the European Central Bank last week. RATE HIKESThe Fed is expected to raise interest rates by 75 basis points on Wednesday, but investors will look for any signals the Fed may be considering a deceleration in interest rate hikes in the future. Villamin said that central banks are caught in a "tug of war" between the slowing economy and high inflation. China's yuan hit a near 15-year low against the dollar, after the central bank fixed the official guidance rate at its lowest level since the global financial crisis of 2008.

☆ China is going to pursue its goal of achieving a modern socialist economy by 2035, says economist
▼ + stars: | 2022-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is going to pursue its goal of achieving a modern socialist economy by 2035, says economistCarlos Casanova of UBP discusses the 20th National Congress of the Communist Party of China, and says there was a marked increase in references to modernization, development and "socialism with Chinese characteristics."

☆ British pound and gilts soar after Hunt rolls back tax cuts
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +9 min

Jeremy Hunt on Friday replaced Kwasi Kwarteng, who Prime Minister Liz Truss sacked following the so-called "mini-budget" on Sept. 23 that sent UK assets sliding. Hunt on Monday announced a series of tax changes that he said would raise 32 billion pounds ($36.19 billion) a year in extra revenues. STERLING: The pound rose against the dollar and the euro, gaining 1.1% and 0.7%, respectively , . So the UK is not the outlier when it comes to its monetary policy and its fiscal policy. STUART COLE, HEAD MACRO ECONOMIST, EQUITI CAPITAL, LONDON:"I think it would be a brave person to be buying sterling quite yet.

Francois Savary, chief investment officer at Prime Partners SA, a Swiss wealth manager with around $4.1 billion of assets, says it is difficult for investors to avoid China exposure. Indus Capital Partners, a New York-based investment manager, started to reduce exposure in China in pan-Asian funds in 2021, but has since returned. Greater China exposure in its $1.37 billion long-only fund, Indus Select, has increased modestly. Some fund managers think Xi wants to quickly get back to the business of supporting the economy. "Investors are just in this 'wait and see' mode to get more clarity that stronger growth can be achieved," said St Clair.

☆ Swiss bank UBP returns to Chinese markets
▼ + stars: | 2022-09-23 | by ( Summer Zhen | ) www.reuters.com time to read: +2 min

The Union Bancaire Privee (UBP) sign is seen at one of its branch offices in Zurich, Switzerland November 20, 2017. REUTERS/Arnd WiegmannHONG KONG, Sept 23 (Reuters) - Swiss private bank Union Bancaire Privée (UBP) is back in Chinese markets, its chief investment officer said, making its way back to the world's second-largest economy after withdrawing last year. Villamin said UBP saw some “hope” that there would be more stimulus measures ahead of and after the Communist Party Congress in October. UBP has however only bought China A-shares, which is the domestic sector, and is avoiding companies that might have exposure to geopolitical issues. UBP believes China is slowly poised to recover although it will not be a smooth sailing.

☆ Reactions: Putin mobilises more troops for Ukraine
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +20 min

Russian President Vladimir Putin makes an address on the conflict with Ukraine, in Moscow, Russia, in this still image taken from video released September 21, 2022. I think even with this Russia stuff it’s hard to see the market really rally a lot more from here ahead of the FOMC. From a geopolitical standpoint, Putin is frustrated that the war isn’t going his way and he’s threatening the west. "If it gets really, really bad, I'd expect the dollar to rise." This announcement by Putin to intensify the escalation in Ukraine definitely doesn’t help.

☆ Daniel Funeriu, despre primarul USR care a minţit în CV: „Îşi dă demisia şi devine un reper moral pentru România”
▼ + stars: | 2009-03-19 | by ( Remus Florescu | ) adevarul.ro time to read: +8 min

Prodecanul facultăţii spune că edilul nu doar că nu a absolvit facultatea, ci a fost şi exmatriculat. A ştiut că a fost exmatriculat dar a scris că a absolvit. România caută în primul rând, şi încă nu a găsit, repere morale, nu doar primari buni: Scripcaru a fost unul din primarii buni. Prodecanul spune că Allen Coliban a fost exmatriculat Şi prodecanul de Facultăţii de Automatică şi Calculatoare, Ciprian Dobre, confirmă informaţiile apărute despre primarul USR. El a precizat că noul edil al Braşovului nu doar că nu a absolvit, cu sau fără licenţă facultatea, ci a fost şi exmatriculat.

Persons: îşi, Daniel Funeriu, Boc, Allen Coliban, Allen, Prodecanul, Coliban, securistului Voiculescu, Voiculescu, . Scripcaru, Tudor Gheorghe, ., . Paleologu, Scripcaru, Ciprian Dobre, Traian, edilul, Rebedea, senat.ro, Facebook . Prodecanul, Dobre, prodecanul, Domnul Allen Coliban, braşovean Organizations: USR, securistului, Universitatea Politehnica Bucureşti, Facebook Locations: România, Braşov, Bucureşti, Franţa, dispoziţie, României, UPB, 19.03.2009

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