UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 12/17/20

The prospects of a UK-EU deal and US stimulus continue to underwrite risk appetites and weigh on the dollar. The dollar has lurched lower against nearly all the world currencies today. Gold is shining in the weak dollar environment. For further details see: Dollar Thumpe...

Despite the elevated tensions with its biggest trading partner, Australia's PMI showed the recovery gaining momentum. The German manufacturing PMI rose to 58.6 from 57.8, while the services PMI increased to 47.7 from 46.0. Canada reports November CPI today. As the median in the Bl...

China's November economic data matched expectations. Industrial output accelerated to 7.0% year over year form 6.5%. The UK reported that job cuts hit a record in the three months through October, rising by 217k. The US reports the December Empire Manufacturing Survey today (the B...

UK and EU negotiators are still talking which has spurred a sharp bounce in sterling. Most emerging market currencies are higher, with the Turkish lira and a few East Asian currencies notable exceptions. The greenback is also consolidating against the Mexican peso. For furth...

The December 2020 meeting of the European Central Bank focused once again on asset purchases and generous liquidity provisions to the financial sector instead of lowering policy rates further, in line with our longstanding view that the ECB is near the effective lower bound on the deposit...

There had been a flurry of official comments when the euro initially probed $1.20 in early September, and Japanese officials fretted when the dollar fell below JPY104 in November. However, the continued weakness of the dollar has been greeted with a near-nonchalance attitude subsequen...

The odds of a UK-EU agreement and new stimulus before year-end in the US have faded and are sapping risk appetites ahead of the weekend. The dollar had held above JPY104 for the past two sessions, but yesterday recorded a bearish shooting star candlestick. European officials have ...

China is retaliating against the US by sanctioning diplomatic passports and revoking visa-free travel to Hong Kong and Macau. Japan reported producer prices were flat in November and off 2.2% year over year. The dollar reached a six-day high against the Japanese yen just below JPY...

Fresh Brexit talks aren't the only thing happening in Europe. It's a big day for the continent as a whole in terms of economics.The ECB is poised to deliver another blast of monetary stimulus to carry the eurozone out of the pandemic, adding €500B to the Pandemic Emergency Purchase Pro...

The Johnson-von der Leyen dinner is seen as evidence that both sides see one more opportunity, and the sterling is among the strongest currencies today. Hopes of a $900 bln+ fiscal stimulus package in the US helped stir animal spirits and lift US stocks to record highs yesterday. ...