UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 06/21/21

The MSCI Asia Pacific Index fell for the fourth consecutive session, led by more than a 3% decline in the Nikkei. Neither Macron's En Marche party nor Le Pen's National Rally party did well in the first round of France's regional elections. North America has a light economic calen...

In this weekly technical note, we have been tracking the improving tone for the dollar prior to the FOMC meeting. We are mindful that interest rates and differentials are not supportive of the dollar. While many observers attribute the stronger dollar to the Federal Reserve, last ...

On Wednesday, the FOMC released its June statement which only served to remind us that its members are powerless in the face of inflationary conditions. The Fed’s money-printing has continued apace, so much so that severe market distortions are reflecting it, even for those wit...

After some dramatic moves over in the immediate post-Fed period, the markets have quieted. The BOJ made two announcements today while not changing its policy settings. The markets continue to digest the implications of the Fed's new forecasts. For further details see: Ma...

Most equity markets in the Asia-Pacific region fell. China, Hong Kong, and Taiwan were notable exceptions. Norway's central bank has sharpened its message. At today's meeting, it signaled a likely rate hike in September. In the U.S., today's data pales in comparison to yesterday's...

With the outcome of the FOMC meeting awaited, the dollar is narrowly mixed in quiet turnover. The Scandis are the weakest (~-0.3%) among the majors, while the Antipodeans are the strongest (~+0.25%). Equity markets are mixed, with the MSCI Asia Pacific Index succumbing to profit-t...

The new record high in the S&P 500 and the NASDAQ's sixth gain in seven sessions may have helped lift Asia Pacific markets today. The US dollar is narrowly mixed against the majors. Despite July WTI hovering around $71 a barrel, other commodities are weaker. After paring l...

The short squeeze that lifted the US dollar ahead of the weekend has seen limited follow-through buying, and instead a consolidative tone emerged. Tensions over Brexit were not resolved at the G7 meeting. Biden and Putin are to meet on Wednesday. Gold dropped $21 ahead of the ...

The US 10-year yield fell last week to its lowest level in three months, and the weekly decline was one of the largest in the past year. The dollar rose against nearly all the major currencies, helped by a bout of short-covering ahead of the weekend. After falling to sustain the m...

Beijing has taken several initiatives in recent weeks on commodities, the yuan, and crypto. It is stepping up its efforts to rein in commodity prices. The UK reported a surge in April GDP of 2.3% after a 2.1% increase in March. In the month, industrial output and manufacturing fell. ...