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Choose bonds over stocks as central banks cut rates, says UBS Wealth Management

Choose bonds over stocks as central banks cut rates, says UBS Wealth Management By Harry Robertson LONDON, June 3 (Reuters) - UBS' giant wealth management arm is leaning towards bonds over stocks, arguing that the asset class is set for juicy returns with little risk as central banks cut interest rates, its chief investment officer said. Bonds have fared far worse than stocks this year, as economic growth has beaten expectations and central banks have held interest rates high for longer than exp
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Mexican peso, stocks fall on fears of ruling coalition super-majority in Congress

UPDATE 5-Mexican peso, stocks fall on fears of ruling coalition super-majority in Congress Updates prices, adds comments from analysts and president in paragraphs 3-4, 7-10, 15-16, 19 By Karin Strohecker and Rodrigo Campos LONDON/NEW YORK, June 3 (Reuters) - Mexican stocks fell nearly 6% and the peso lost as much as 4% to the dollar on Monday after the country's ruling party scored a surprisingly strong election s howing and looked poised for a super-majority in Congress that markets fear might
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Swiss stocks - Factors to watch on June 3

CORRECTED-Swiss stocks - Factors to watch on June 3 Removes rating changes with wrong date ZURICH/GDANSK, June 3 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Monday: UBS UBSG.S UBS on Friday completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last year after its longtime rival collapsed, putting an end to one of the bastions of the country's financial sector.
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India markets to cheer likely third term for Modi, hope for reforms

RPT-India markets to cheer likely third term for Modi, hope for reforms Repeats Sunday story, no change to text By Bharath Rajeswaran and Jayshree P Upadhyay MUMBAI, June 2 (Reuters) - Expectations that Indian Prime Minister Narendra Modi will expand his alliance's majority in parliament after the world’s biggest election are likely to boost the country's financial markets on hopes of economic reforms.
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India markets to cheer likely third term for Modi, hope for reforms

RPT-India markets to cheer likely third term for Modi, hope for reforms Repeats Sunday story, no change to text By Bharath Rajeswaran and Jayshree P Upadhyay MUMBAI, June 2 (Reuters) - Expectations that Indian Prime Minister Narendra Modi will expand his alliance's majority in parliament after the world’s biggest election are likely to boost the country's financial markets on hopes of economic reforms.
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