[UBS CEO: Market Volatility to Continue 'Surging' in the Future] BlockBeats News, July 29, UBS Group CEO Sergio Ermotti stated in an interview that he expects 'surging volatility' to persist for the remainder of this year. 'Considering the macroeconomic situation, geopolitical tensions, ongoing debates, and the significant divergence we see in the stock market, the pressure on energy prices could pose potential headwinds to inflation.' Ermotti noted that investors will not favor this volatility, saying, 'I do indeed expect volatility to continue surging for the rest of this year.'