Chair of UBS Axel Weber is speaking in Tokyo, these headlines via Bloomberg

  • Relief rally for EUR for immediate future
  • Brexit to have harsh repurcussions for Europe, more volatility for Europe over next two years
  • Extreme monetary policies have to be scaled back
  • ECB likely to remove some easing bias language in June
  • ECB likely to announce tapering program in September
  • Federal Reserve will normalise policy on a steady path
  • Expects 1.5% inflation in Japan next year

more to come