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UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 07/16/21

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Company Name: Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480
Stock Symbol: UEUR
Market: NYSE

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UEUR - BOJ Tweaks Forecasts

The dollar recovered from about JPY109.70 to slightly above JPY110.20 but has lost momentum in the European morning. A combination of strong CPI and labor market reports and comments from two BOE officials have seen the market re-think the outlook for UK monetary policy. The US De...

UEUR - Strong Gains In U.S. CPI And PPI Don't Stop The Bond Market Rally

Strong inflation prints this week have not prevented the long-term US interest rates from tumbling. A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. The pullback in US yields appears to be the main driver of the Japanese...

UEUR - RBNZ Moves Ahead Of The Queue, Will The Bank Of Canada Maintain Its Place?

The Reserve Bank of New Zealand jumped to the front of the queue of central banks adjusting monetary policy by announcing the end of its long-term asset purchases. The US sanctions on China's largest chipmaker and the largest chip buyer have added another dimension to what appears to ...

UEUR - Headline U.S. CPI May Decline For The First Time In A Year

New record highs in the US S&P 500 and NASDAQ coupled with China allowing Tencent to acquire a search engine helped lift Asia Pacific equities. Gold is holding above $1800 for the first session since June 16. The US reports June CPI figures today. It could be the first slippag...

UEUR - Markets Adrift Ahead Of Key Events

The dollar is drifting a little higher against most major currencies, with the Scandis and dollar-bloc currencies the heaviest. The US Department of Agriculture world supply and demand report is due out later today. China has tightened the rules on foreign listings for companies w...

UEUR - Measuring Inflation And The Week Ahead

US headline CPI year-over-year rate has accelerated every month from February (1.7%) through May (5.0%). No matter how it is measured, the US inflation is running ahead of the EU, Japan, and Singapore. Policymakers seem more concerned about price pressures than they are that growt...

UEUR - PBOC Cuts Reserve Requirements After Inflation Measures Ease

China's consumer prices rose 1.1% in June, slightly less than expected, and follows a 1.3% year-over-year rise in May. The UK's May GDP rose by 0.8%, about half of what the median forecast in Bloomberg's survey anticipated, and adding insult to injury, April's growth was trimmed to 2....

UEUR - Capital Markets Remain Unhinged

The dollar has steadied after surging yesterday and has so far retained the lion's share of its gains, though it remains lower against most major currencies today. In a surprise development, China's State Council appeared to signal a shift in the PBOC's stance, suggesting that more mo...

UEUR - ECB adopts symmetric 2% inflation target as result of monetary policy review

Stephan Behnes/iStock via Getty Images Following in the footsteps of the Federal Reserve, the European Central Bank's Governing Council adopts a symmetric 2% inflation target over the medium term as part of its monetary policy. The change was made after the central bank started a review of it...

UEUR - Dollar Stabilizes At Elevated Levels After Surging Yesterday

The dollar has steadied after surging yesterday and has so far retained the lion's share of its gains, though it remains lower against most major currencies today. Chinese officials signaled intentions of cracking down overseas listings. There are doubts that the US Senate will vo...

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