UAUD News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E647

2024-01-26 02:00:35 ET Summary Stocks in Australia have been trading in the same range since 2020, but a breakout upwards is overdue. Bond yields have been rising in line with central bank interest rates, presenting an opportunity to buy bonds at par value with yields upwards of 4...

2023-03-07 02:08:35 ET Reserve Bank of Australia (RBA) has hiked interest rates by 25 bps to 3.36%, in-line with forecast. RBA has hiked interest rate 10 times, aggregating 350 bps since May 2022, topping borrowing costs since May 2012. As per the earlier reports, Australia record...

Q2 Inflation : +1.8% Q/Q in-line with consensus, +2.2% prior. +6.1% Y/Y vs. +6.2% consensus, +5.1% prior. Core Inflation (trimmed mean): +1.5% Q/Q in-line with consensus, +1.4% prior. +4.9% Y/Y vs. +4.7% consensus, +3.7% prior. Australia's central bank has a meeti...

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 sharp upside reversal in US shares yesterday carried over in Asia and Europe today. The Asset Purchase Program had strict parameters in terms of the capital key and country limits. US weekly jobless claims have risen for the past three weeks. For further details see: ...

The Nikkei fell for the eighth consecutive session, and today's 1% drop brings the cumulative decline to 9%. The Reserve Bank of New Zealand became the second high-income country to hike rates. The US dollar appeared to break the neckline of the possible head and shoulders topping...

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...