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26.11.25 - 13:00
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Investors to swap cash for gold and grain on hopes for a global rebound: UBS (SCMP)
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UBS expects investors to shift part of their holdings out of cash and into commodities such as energy and grains next year, as hopes build for an economic rebound and interest rate cuts in the coming months.
“The acceleration in economic growth will push the prices of energy and grains higher and consequently attract investors,” said Dominic Schnider, head of global commodities and forex at UBS Global Wealth Management, in an interview on Wednesday.
UBS expected the global economy to bottom out......
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