UBS Raises Global Earnings Forecast to 20% Despite Middle East Conflict

News Image
Read full story

Published: 2 hours ago

UBS upgraded its global earnings forecast to 20% as equity markets reach new highs, showing resilience amid ongoing Middle East tensions. The bullish outlook reflects strong corporate fundamentals. This positive revision supports risk-on sentiment, potentially strengthening higher-yielding currencies against safe havens. Traders should watch for USD strength and weakness in traditional safe-haven currencies like JPY and CHF.

Nothing to see yet 😢