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UBS Chairman Lays Out His Top Risks For 2017

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Political uncertainty is present in almost every country in the world and with the heavy election year in Europe it will be “the dominant factor” in 2017, the chairman of UBS told CNBC on Tuesday.

“Political uncertainty is now the name of the game, almost in every country,” Alex Weber, chairman of the Swiss bank UBS told CNBC on Tuesday in Dubai.

“In Britain we’ve seen that over the last summer,” Weber said referring to the country’s vote to leave the European Union. He added that this uncertainty has now spread to Germany, France, the Netherlands and Italy where voters will soon choose new leaders.

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This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam

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