UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 08/13/21

European stocks continue to edge higher, and the Dow Jones Stoxx 600 is posting gains for the 10th consecutive session. US futures are firmer after the S&P 500 and Dow Industrials set new records yesterday. Gold has continued to recover from the flash crash at the start of the...

Bond king thinks the US dollar is 'doomed' Delta variant safe-haven play supporting the greenback. Inflation and tapering for the US. The European Central Bank may be in a worse position. Reverse REPO highlights confidence in Federal Reserve. For further details see:...

Japan's July PPI rose by 1.1%, more than twice the projected gain, and lifted the year-over-year rate to 5.6% from 5.0%. The euro has been confined to less than a fifth of a cent range so far today, and it is holding in the upper end of yesterday's range. The US dollar is little c...

The dollar recorded a two-month low against the yen on August 4 near JPY108.70 before reversing higher. The Australian dollar is holding above the year's low set last month, near $0.7290, but it shows no enthusiasm for the upside. The US dollar lost nearly 0.5% against the Canadia...

Japan returned from the long holiday weekend and reported a slightly better than expected June current account surplus. Germany's August ZEW survey was weaker than forecast. The expectations component fell to 40.4 from 63.3. The US dollar continues to bump against resistance a lit...

A flash crash saw gold drop more than $70 an ounce in early Asia. Silver was dragged lower too. The euro briefly traded below last month's low ($1.1752) to its lowest level since the end of March. The second consecutive increase of more than 900k US jobs solidifies expectations fo...

The strength of the US employment data keeps the Jackson Hole conference as the next opportunity for an update on the pace (and possibly, the composition) of the Fed's bond purchases. As central banks move from providing emergency support to pursuing policy targets, there is scope for...

The Reserve Bank of Australia welcomed the lower exchange rate that it sees as a result of its monetary stimulus. At the same time that the Bank of England formally recognized that it could adopt a negative base rate if needed, the market boosted the likelihood of a rate hike from the...

US interest rates and the dollar turned higher following comments by the Fed's Vice Chairman Clarida, who appeared to throw his lot with the more hawkish members. The Bank of England is not in a hurry to adjust monetary policy, even though inflation is running a little above the mediu...

Japan's service PMI was revised to 47.4 from the preliminary estimate of 46.4 but remains below the 50 boom/bust level and is weaker than the 48.0 reading in June. The final eurozone service PMI was softer than expected, and this served to drag the composite below the flash estimate. ...