UBP more positive on Asian equities following cyclical upswings

3 April 2017 | 2 minutes read

Sustained positive surprises from North Asian data releases has led UBP to be positive on Japanese equities and upgrade its weighting on Asia ex-Japan equities to neutral, compared with benchmark weights in its portfolio. Japan’s inflation remains muted Inflation remains contained in Japan, having declined in February from +0.1% to -0.1% YoY on a seasonally-adjusted basis, while the core rate…

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