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UBS


XM 研究

Technical Analysis – UBS stock clinches some gains as volatility fades

UBS’ stock has experienced significant swings following the takeover of Credit Suisse amid the ongoing turbulence in the global banking sector. Nevertheless, in the last couple of daily sessions, volatility seems to be subsiding, with the share price gaining some ground even if this rebound seems unconvincing. The momentum indicators reflect a divergence between the price action.
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Is the banking crisis over, or is the worst yet to come?

When the Fed started signalling higher for longer last summer, everybody assumed that the first thing to break would be consumption, followed by big job losses. Few anticipated that the banking sector would get caught up in the crossfire of the Federal Reserve’s battle against high inflation. After all, banks traditionally perform better in higher interest rate environments as their profit margins improve.
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Daily Market Comment – ECB hikes amid turmoil but opens door to pause, lifting markets

ECB delivers what it promised but abandons forward guidance, euro climbs US banks pour $30 billion into troubled First Republic in rescue deal Stocks rise in relief rally, yields make unconvincing rebound, dollar slips But some caution today as triple witching looms Banking crisis fears ease after another rescue Equity markets globally were headed for painful losses for the week even as they scrambled to stage a relief rally on Friday.
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