22.9 C
New York
Monday, July 4, 2022

China to attract an extra $250 billion, unorderly Brexit bad for all: UBS chairman

China to attract an extra 0 billion, unorderly Brexit bad for all: UBS chairman© Reuters. 2019 World Economic Forum (WEF) annual meeting in Davos

DAVOS, Switzerland (Reuters) – UBS (S:) Chairman Axel Weber expects China to attract an additional $250 billion in investment in the next few quarters due to indices reweighting and believes an unorderly Brexit would be in nobody’s interest.

Weber said everybody needs to compromise on Brexit to achieve a deal.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: Investing.com

Related Articles

Stay Connected

11,295FansLike
12,893FollowersFollow
751FollowersFollow
- Advertisement -

Latest Articles

Popular Articles