DCHF News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E704

The uncertainty over the economic outlook is now arguably the highest it has been over the past several years. The war in Ukraine is having a significant impact on trade flows - particularly in agricultural commodities. Alongside China lockdowns, bottlenecks look set to worsen in the ...

The uncertainty over the economic outlook is now arguably the highest it has been since the start of the pandemic in early 2020. While economic growth has been strong, as economies have largely opened up, the supply-side has struggled to keep up with resurgent demand, with the consequ...

The dollar is narrowly mixed bid ahead of the jobs report. The Scandis lead advancing major currencies, while the yen and Australian dollar are the laggards. Among emerging market currencies, the Turkish lira and the Russian ruble are off the most (~0.45%), while the South African ran...

The markets remain unsettled. The surge in energy prices, the fears emanating from China's property market, and the unresolved US fiscal drama weigh on sentiment. While the German and French flash services and composite PMIs were revised higher, Spain and Italy disappointed. The U...

The dollar slipped to a five-day low a little below JPY110.90 in early activity, but by late morning turnover in Europe was probing the JPY111.25 area. Sterling bottomed in the middle of last week ahead of $1.3410, and before the weekend, was probing $1.3575. The US Congress manag...

Investors continue to sell equities today. The Asia Pacific was a sea of red, with Japan, Australia, and Taiwan off 2% or more. The decline in the UK's manufacturing PMI was not as severe as the preliminary estimate implied. A shutdown of the US government has been averted. ...

Interest rates, ostensibly the fuel behind the dollar's surge, pulled back a little in the US yesterday. However, the greenback's rally continued, lifting it to new highs for the year against sterling, the euro, and yen. The US dollar spiked to a three-month high yesterday against...

Sterling is the weakest major currency this month and yesterday's drop of more than 1.1% was the largest in over a year. The looming debt ceiling may have encouraged some banks to avoid the T-bills that expire in mid-October and push more funds into the reverse repo facility, which sa...

Rising energy prices and yields are helping lift the US dollar and weighing on equities. November WTI has pushed above $76, while Brent traded above $80, and natural gas is up for the fourth consecutive session, during which time it has risen by about 25%. The US 10-year yield has...

The market's reaction to the FOMC statement was going according to our script, with the dollar backing off on a buy rumor sell the fact type of activity until Powell provided an end date for the tapering (mid-2022) before providing a start date (maybe next month). Emerging market curr...