UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 01/26/21

After rallying strongly to start the year, Asia Pacific equities, led by the high-flying Hang Seng sold-off, led by Tencent. Facing a likely defeat in the Senate this week, Italy's Prime Minister will tender his resignation before getting fired. Leaving aside the partisanship, it ...

Flash Eurozone PMI falls from 49.1 in December to 47.5 in January. Manufacturing expansion persists at slower rate, services contract amid tougher lockdowns. Germany ekes out sustained growth, but rest of region declines. Job losses ease, prices fall despite higher costs. ...

US shares are trading higher, led by the Nasdaq, as several tech companies report earnings this week. Asia-Pacific equities moved higher, again led by Hong Kong and ostensibly mainland buying. Most bourses advanced, though Taiwan, India, and a few smaller markets declined. Europea...

Our analysis had led us to expect a dollar bounce after sliding sharply since the US election. When the dollar did not sell off further on the back of the disappointing ADP estimate on January 6 or the events in the Capitol, it signaled a dollar recovery. The euro rose nearly a ce...

In the Asia-Pacific region, Hong Kong shares got hit the hardest today, falling by 1.6%, while India and several smaller bourses also fell by more than 1%. On the back of soft preliminary PMIs, Europe's Dow Jones Stoxx 600 is off 1% to give back this week's gains. The S&P 500 ...

The S&P 500 and Nasdaq gapped higher yesterday to record levels. The reflation theme lifted Asia-Pacific shares for the third session today, with South Korea, Taiwan, and China leading the advance. Europe's Dow Jones Stoxx 600 gapped higher and is consolidating. The US dol...

Led by continued strong buying of Hong Kong shares, the MSCI Asia Pacific Index rose to new highs. Europe's Dow Jones Stoxx 600 has recouped yesterday's 0.2% loss plus some, led by the information technology and consumer discretionary sectors. The S&P 500 and NASDAQ futures po...

US stocks won't trade today in the local sessions, but futures are a bit lower. Europe's Dow Jones Stoxx 600, which fell 1% at the end of last week, is a little lower in turnover in the European morning. The MSCI Asia Pacific Index fell for the second session, with China and Hong ...

Within the context of our medium-term dollar bearish outlook, we had been anticipating a countertrend dollar bounce. It was to be fueled by short-covering as the adverse developments had been discounted, rate differentials were moving in the US favor, and the technical indicators were...

The US dollar is firm against most of the major and emerging market currencies today. For the week, sterling and the yen appear poised to eke out small gains, while the Scandis are the weakest performers with around a 1% decline. The 0.4% loss of the Dow Jones Stoxx 600 today is u...