Examples text and image compononent

Despite a rising interest rate advantage, the US dollar continues to slide. EURUSD rose 14.1% last year and in February the DXY index slipped to a more than three-year low. Current account dynamics, the Eurozone's preparations for the end of quantitative easing, and the USD’s overvaluation are helping to drive the trend.

Investment view: We prefer the euro and the Canadian dollar over the US dollar. We forecast EURUSD at 1.28 and USDCAD at 1.20 over six months. Within Europe, we recommend an overweight to Eurozone stocks over UK equities.
For more detail, download the UBS House View Briefcases.

Despite a rising interest rate advantage, the US dollar continues to slide. EURUSD rose 14.1% last year and in February the DXY index slipped to a more than three-year low. Current account dynamics, the Eurozone's preparations for the end of quantitative easing, and the USD’s overvaluation are helping to drive the trend.

Investment view: We prefer the euro and the Canadian dollar over the US dollar. We forecast EURUSD at 1.28 and USDCAD at 1.20 over six months. Within Europe, we recommend an overweight to Eurozone stocks over UK equities.
For more detail, download the UBS House View Briefcases.

Despite a rising interest rate advantage, the US dollar continues to slide. EURUSD rose 14.1% last year and in February the DXY index slipped to a more than three-year low. Current account dynamics, the Eurozone's preparations for the end of quantitative easing, and the USD’s overvaluation are helping to drive the trend.

Across each of our traditional investment areas we have established a general approach to environmental, social and corporate governance. We are signatories to initiatives such as the Principles for Responsible Investment and the UK Stewardship Code.

Whether supporting our clients, connecting and collaborating with each other, or adapting to an evolving workplace, your actions are putting us on the right course.

We are building an even stronger and safer UBS. One that all of our stakeholders will be proud of.

Sergio P. Ermotti

Across each of our traditional investment areas we have established a general approach to environmental, social and corporate governance. We are signatories to initiatives such as the Principles for Responsible Investment and the UK Stewardship Code.

We're entering "A new world," where investors need to navigate economic uncertainty, geopolitical instability, and the consequences of profound technological change..

In our outlook for the year ahead, as well as laying out our scenarios for growth, inflation, rates, and geopolitics, we detail how investors should think about putting money to work in fixed income as interest rates approach a peak, highlight our top picks in equity markets for 2024, and spotlight our calls across alternatives, currencies, and commodities. We also look further ahead, considering the potential scenarios for the decade ahead, the longer-term outlook for returns across asset classes, how to navigate a maturing Chinese economy, and how to successfully invest amid technological disruption.

Markets are moving fast, in some ways which may seem familiar and in others which may feel new. In the Year Ahead 2024, we provide an actionable path forward for investors—whether history proves to repeat, rhyme, or change course entirely.