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Search resuls for: "Tan Teck Leng"


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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS says the Indian rupee is one of its currency 'top picks' for this yearTan Teck Leng of UBS Global Wealth Management says it's "one of our favorite currencies to play the yield carry trades this year."
Persons: Tan Teck Leng Organizations: UBS, UBS Global Wealth Management
Where will the Japanese yen go? A bull and bear face off
  + stars: | 2023-07-28 | 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 EmailWhere will the Japanese yen go? A bull and bear face offClaudio Piron of BofA Securities and Tan Teck Leng of UBS Global Wealth Management share their outlook for the Japanese yen.
Persons: Claudio Piron, Tan Teck Leng Organizations: BofA Securities, UBS Global Wealth Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDollar-yen could reach 120 level by the end of the year, UBS saysTan Teck Leng of UBS Global Wealth Management says that's not something to expect in the coming months but in the second half of the year, when U.S. growth "slows visibly" and inflation "comes off."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan's central bank has to eliminate negative interest rates by early 2024, UBS saysTan Teck Leng of UBS Global Wealth Management says if the Bank of Japan will have a tougher time normalizing monetary policy further into 2024.
watch nowThe world economy may be facing conditions seen during the 1997 Asian Financial Crisis — aggressive U.S. interest rate hikes and a strengthening U.S. dollar. The Thai baht and other Asian currencies collapsed, triggering the Asian Financial Crisis and leading to slumps in stock markets. Reducing currency disparity with the U.S. dollar reduces the risks of capital flights and foreign exchange rate collapses. Nevertheless, he, too, does not anticipate another Asian Financial Crisis. watch now"They largely let exchange rates absorb the external pressure, rather than supporting the currency by selling FX reserves."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaiwan's currency is still dominated by the weakness in major North Asian ones, says UBSTan Teck Leng of UBS Global Wealth Management says it expects the Chinese yuan to hit 7.2 over the coming months.
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