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

Stocks bounced back, and the US dollar is heavy, with few exceptions. The euro remains within striking distance of the $1.20-level and sterling flirted with $1.34. Emerging market currencies broadly are recovering, and the South African rand and Hungarian forint are leading today'...

China's November PMI was stronger than expected. The manufacturing component rose to 52.1 from 51.4. OPEC+ meets today and tomorrow. The issue is whether it will postpone the increase in quotas that had previously been agreed upon for January. Tomorrow the euro area will report th...

The dollar's losses were extended last week, but among the majors, only the New Zealand dollar and the Swedish krona made new highs for the year. While the US preliminary PMI accelerated, the eurozone and Japan showed a contraction in business activity. Neither the rally in equity...

Equities are finishing the week on a firm tone, while the US dollar remains heavy. So far this month, both the S&P 500 and Nasdaq are up about 11%, while the Russell 2000 is up nearly 20%. Gold is bouncing along its trough, holding above $1800 but unable to move above $1820. ...

China has achieved a certain level of technical competence, but the lack of transparency limits its international recognition. India has banned another 43 Chinese apps, including Alibaba's shopping service app and an assortment of dating and gaming apps. Mexico reports September r...

The contrast between the eurozone and US preliminary PMI readings caught the short-term market leaning the wrong way, and the dollar snapped back after extending its recent losses. Emerging market currencies are also mostly stronger, and the JP Morgan Emerging Market Currency Index is...

Flash Eurozone PMI falls to lowest since May, adding to signs of fourth quarter downturn. Germany remains the brightest spot, led by manufacturing expansion. Job losses continue, though rate of decline holds steady. Selling prices fall, but manufacturers see upward pressure on...

The dollar is broadly weaker. Sterling and the Antipodeans are leading today's move, while the Swiss franc and Japanese yen are laggards. Most emerging market currencies are also gaining on the greenback. For further details see: Markets Look Past Near-Term Challenges

The US dollar had a tough week. It fell against all the major currencies and most of the emerging market currencies. Sterling has gained around 1% against the euro over the past two weeks. For further details see: Beware Of The False Break

European shares are advancing today, and the Dow Jones Stoxx 600 is recouping around three-quarters of yesterday's 0.75% loss. US stocks are narrowly mixed, and the S&P 500 is off by about 0.1%, and the Nasdaq is up roughly 0.6% for the week coming into today. The US dollar is...