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