UBS over delivers. Q2 Net income was double what was expected, wealth inflows stayed strong and it’s investment bank’s bottom line was better than estimates. We hear from CEO Sergio Ermotti Japanese Prime Minister Fumio Kishida announces he won’t run for a second term. Traders already speculating that his successor could make it easier for the BOJ to raise rates at a quicker pace. The Reserve Bank of New Zealand cuts rates by 25 basis points and suggests that a 50 basis point move was discussed. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Tom Mackenzie and Guy Johnson.
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