UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 07/01/20

Macro News US: The US is currently facing multiple risks that could eventually be reflected in asset prices, especially equities. First, unlike other developed nations that have managed to reduce significantly the number of new confirmed cases per million residents, the US has been exper...

Overview: The resurgence of the contagion in the US has stopped or reversed an estimated 40% of the re-openings, but the appetite for risk has begun the second half on a firm note, helped by manufacturing PMIs that were above preliminary estimates or better than expected. Except for Tokyo an...

Overview: The gains in US equities yesterday carried into Asia Pacific trading today, but the European investors did not get the memo. The Dow Jones Stoxx 600 is succumbing to selling pressure and giving back yesterday's gain. Energy and financials are the biggest drags, while real estate an...

Overview: The combination of rising virus cases and the sell-off in the US before the weekend dragged nearly all the Asia Pacific bourses lower. The Nikkei led the way with more than a 2% drop, but most bourses were off more than 1%. China and Taiwan were also greeted with selling as markets...

We anticipated and have been tracking the corrective or consolidative phase in the foreign exchange market since shortly after the unexpected surge in US non-farm payrolls reported on June 5 . That phase may not be over yet, and the quarter-end adjustments are a wildcard. Many expect large eq...

"We are probably past the lowest point" of the economic crisis caused by the coronavirus pandemic, ECB President Christine Lagarde said in a webinar this morning. "I say that with some trepidation because of course there could be a severe second wave." More news on: Invesco CurrencyShare...

Overview: Given the huge run-up in risk assets this quarter, and the technical indicators warning of corrective forces, concerns over the new infections are pushing on an open door. The S&P 500 gapped lower yesterday and fell 2.6%, led by energy and airlines. The NASDAQ snapped an eight-...

Overview: The rally in risk assets in North America yesterday is failing to carry over into today's activity. Asia Pacific equities were mixed. Korea and Indonesia led the advances with more than 1% gain. China and Taiwan also gained. Japan and Hong Kong. Europe's Dow Jone's Stoxx 600 is giv...

Overview: After early indecision, investors ramped the demand for risk assets, encouraged perhaps by indications that the Trump Administration is going to support at least another trillion-stimulus package. The Nasdaq rallied to new record highs, and the dollar got thumped across the board. ...

Overview Investors begin the new week, perhaps slowed a bit by the weekend developments and the growth of new infections. Equities are mixed. The MSCI Asia Pacific Index snapped a four-day advance, though India bucked the regional trend and gained 1%. Europe's Dow Jones Stoxx 600 is recoveri...