UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480

The European Central Bank is telling its staff to prepare a new tool to address fragmentation in yields in the eurozone. In a short statement Wednesday after an emergency meeting to address market turmoil the ECB also said it would reinvest Pandemic Emergency Purchase Programme funds to help ...

More central banks are getting nervous about current market conditions ahead of the Fed's closely-watched policy announcement that will take place at 2 p.m. on Wednesday. The European Central Bank has called an "ad hoc meeting" for Wednesday morning as bond yields surge and investors dump sou...

Pressure is growing on the European Central Bank to raise interest rates as eurozone inflation hit a record 5.1% in January, topping estimates by the most in two decades. Until now, the ECB has lagged other central banks in responding to escalating price pressures, and has said it wouldn't in...

With surging coronavirus infections across the country, Austria has become the first western European nation to reimpose a national lockdown on its citizens since COVID-19 vaccines became widely available. The unpopular measure will shutter restaurants, bars, theaters, Christmas markets and n...

Monetary policy has been front and center over the last few months amid questions about how economic trends coming out of the pandemic will influence the world's most important central banks. Chief among them is inflation concerns, though other figures like industrial production and retail sa...

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...

A decent US jobs figure will allow the Fed to announce the taper next month. Inflation will keep the pressure on the Fed, arguing for further steepening of the curve into next week's bond supply. The ECB has yet to figure out how to react to higher inflation, but also avoid the ne...

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...

Inflation concerns are a problem for fixed income markets. But it is a return to positive economic surprises that will prove the most potent driver of higher rates in the coming weeks. As the ECB diverts the focus away from the amount of its purchases, we think sovereign spreads s...