(Reuters) – UBS Global Wealth Management elevated its position on international equities to “attractive” from “neutral”, mentioning resistant united state financial development and the financial plan relieving by significant reserve banks.
“Economic growth is remarkably resilient and central banks have been proactive, giving us confidence the supportive backdrop has more room to run,” stated UBS experts in a note dated Thursday.
(Reporting by Siddarth S in Bengaluru; Editing by Savio D’Souza)
