Crude oil prices after the US bombing of Iran's nuclear sites EQUITY: JAPAN OIL PRODUCTS Crude oil market waiting to see how Iran responds Quick Note US military bombs Iran's nuclear sites Shinichi Yamazaki - NSC shinichi.yamazaki.a3@nomura.com +81 3 6703 1133 over the weekend, the US military bombed three nuclear sites in Iran (Fordow, Natanz, and Isfahan) in an action dubbed Operation Midnight Hammer. US Defense Secretary Pete Hegseth announced that the operation involved 14 state-of-the-art "bunker buste ...

ab 23 June 2025 Global Research Global Oil and Gas Global oil and refining markets outlook Equities Global Oil Companies, Major Henri Patricot, CFA Analyst henri.patricot@ubs.com +33-14-888 3033 Anna Kishmariya Analyst anna.kishmariya@ubs.com +44-20-7568 7999 Nayoung Kim Analyst nayoung.kim@ubs.com +44-20-7568 4010 Joshua Stone Analyst joshua.stone@ubs.com +44-20-7901 5588 This report has been prepared by UBS Europe SE. ANALYST CERTIFICATION AND REQUIRED DISCLOSURES, including information on the Quantitativ ...

ab 23 June 2025 Global Research Global Oil Fundamentals US strikes on Iran: implications for oil Oil prices to rise further after US strikes on Iran We expect oil prices to rise further on Monday following the US strike on Iranian nuclear facilities over the weekend (link). The US said that 7 B-2 bombers, which flew from the US, targeted the Fordow site, while Tomahawk missiles hit 2 other facilities in Natanz and Isfahan. We would expect Brent to rise into the $80s on Monday vs. Friday's closing price of $ ...

Conflict in the Middle East Multi-Asset Views on oil, markets, economics, stocks and more Escalating risks US strikes on Iranian nuclear sites have further intensified the conflict in the Middle East and will add to uncertainty to global economies and markets. For easy reference, we bring together recent reports, podcasts and videos from Global Investment Research across asset classes and geographies. Please also join one of our upcoming webcasts answering questions about the conflict in the Middle East. Ir ...

June 23, 2025 12:53 AM GMT India Economics – Macro Indicators Chartbook | Asia Pacific Policy Impetus to Bolster Growth Growth indicators exhibit a modest recovery led by domestic demand. Macro stability indicators have improved, increasing flexibility for policy makers. Uncertainty from external conditions continues to weigh on growth, even as India appears better placed on a relative basis. 1) Growth – uneven recovery: High-frequency data in May suggest a mixed trend across indicators, with ones such as G ...

27 June 2025 | 6:34AM HKT Xiaomi Corp. (1810.HK) Buy Extending leadership in premium autos on YU7's above-expected release, expanding ecosystem frontier on AI Glasses' debut; Buy 1810.HK 12m Price Target: HK$69.00 Price: HK$56.90 Upside: 21.3% On June 26, Xiaomi officially released the long-expected YU7, Xiaomi's premium pure electric SUV series that combines performance, comfort and spaciousness. Number of orders reached 200k within the first 3min of sales (out of which 122k+ orders were confirmed), and 28 ...

Xiaomi Corp May 8, 2025 09:00 PM GMT SU7 Ultra Kicks Off Xiaomi's Luxury Journey, PT Up to HK$62 | What's Changed | | | | --- | --- | --- | | Xiaomi Corp (1810.HK) | From | To | | Price Target | HK$45.00 | HK$62.00 | We believe the launch of Xiaomi's SU7 Ultra has kicked off its luxury car journey, and the launch of its second EV - YU7 - could also be a significant positive catalyst in 2025. Meanwhile, AIoT and smartphone divisions are seeing positive momentum. We raise our price target to HK$62. Xiaomi's s ...

From US Exceptionalism to Sell America and Back Again. What next? US Exceptionalism: Extreme value creation meets macro uncertainties ab 23 June 2025 Global Research UBS HOLT Macro Webinar UBS HOLT Macro Webinar 23 June 2025 ab 2 How to position (time to look at GEM again?) Equities Global Financial Michel Lerner, CFA Head of HOLT michel.lerner@ubs.com +44-20-7883 3649 This report has been prepared by UBS AG London Branch. ANALYST CERTIFICATION AND REQUIRED DISCLOSURES, including information on the Quantita ...

23 June 2025 | 4:55PM IST India CRO/CDMO tour takeaways: Signs of China+1 progressing well, focus on investments in new modalities We hosted our 2nd annual India CRO/CDMO trip between 16th and 18th June, 2025 across Bangalore (1 day) and Hyderabad (2 days). The event featured 10 CRO/CDMO companies in the country across the listed and unlisted space. We saw high client interest with 20+ clients across the globe (US, mainland China, HK, Taiwan, India) flying down to attend the meetings. Exhibit 1: We hosted m ...

Joni Teves Precious Metals Strategist Tel: +65-6495-6851 Joni.teves@ubs.com This document has been prepared by UBS AG, Singapore Branch ANALYST CERTIFICATION AND REQUIRED DISCLOSURES, including information on the Quantitative Research Review published by UBS, begin on SLIDE 25 UBS does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should ...