UBS warns of higher volatility in markets this year

Singapore

AMID analysts' consensus on the strength of the US economy and the greenback, among other calls, the markets are vulnerable to short-term data deviations, top executives from UBS said on the sidelines of the bank's investment conference on Thursday.

This comes with the global uncertainty surrounding diverging monetary policies. The Fed is set to raise rates from near-zero this year while major economies including the eurozone, China, Japan, and India are easing money supply.

Tan Min Lan, Asia-Pacific regional head, chief investment office, at UBS Wealth Management, warned of higher volatility in marke…