DAUD News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E605 From 08/25/21

US S&P 500 and NASDAQ set new record highs, and Asia Pacific markets moved higher, though there was profit-taking in Hong Kong on Chinese tech names. The Scottish National Party concluded a powersharing agreement with the Greens at the end of last week. The US dollar peaked be...

The dollar spiked to around JPY110.15 yesterday before reversing lower and leaving a bearish shooting star candlestick in its wake. The euro stalled yesterday at $1.1750, a four-day high. Like most of the freely accessible liquid emerging market currencies, the Mexican peso did no...

After an ugly week, market participants have returned with strong risk appetites. The EMU preliminary PMI softened a little but remains near recent highs, suggesting the recovery is very much intact. The US dollar spiked to almost CAD1.2950 before reversing lower ahead of the week...

The upcoming week is all about the Federal Reserve’s symposium in Jackson Hole, Wyoming. Government regulatory risk continues to dominate China equity markets, this time with President Xi pushing an agenda of wealth redistribution from rich to poor. Global macro weakness ha...

US equities recovered smartly yesterday from gap lower openings but failed to help stabilize the Asia-Pacific and European shares today. Hong Kong, China, and South Korea led today's retreat, and the MSCI Asia Pacific Index fell for the fourth week in the past five. Europe's Dow J...

The US dollar rallied after the Federal Reserve signaled that a majority are inclined to reduce the pace of bond purchases this year, even though the short-end interest rate markets took it in stride. The euro flirted with $1.17 yesterday but convincingly broke it in Asia earlier toda...

The Reserve Bank of New Zealand appeared poised to hike rates today, but the government's decision to impose a three-day lockdown deterred them. Sterling remains trapped near yesterday's trough that extended to an almost four-week low near $1.3725. The US dollar was consolidating ...

A lockdown in New Zealand and the Reserve Bank of Australia signaling it will respond if the economic fallout increases sent the Antipodean currencies sharply lower. Beijing's regulatory crackdown continued with draft regulations seeking to bank "unfair competition" and restrictions o...

Nearly all the major markets in the Asia Pacific region fell, but India, perhaps encouraged by a large infrastructure initiative unveiling yesterday. China's July data disappointed, and the resurging virus warns of further weakness this month, which has seen a large port shut and regu...

European stocks continue to edge higher, and the Dow Jones Stoxx 600 is posting gains for the 10th consecutive session. US futures are firmer after the S&P 500 and Dow Industrials set new records yesterday. Gold has continued to recover from the flash crash at the start of the...