UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 08/24/21

The dollar spiked to around JPY110.15 yesterday before reversing lower and leaving a bearish shooting star candlestick in its wake. The euro stalled yesterday at $1.1750, a four-day high. Like most of the freely accessible liquid emerging market currencies, the Mexican peso did no...

After an ugly week, market participants have returned with strong risk appetites. The EMU preliminary PMI softened a little but remains near recent highs, suggesting the recovery is very much intact. The US dollar spiked to almost CAD1.2950 before reversing lower ahead of the week...

There are two highlights in the last full week of August that will draw the attention of investors: the Federal Reserve's symposium (Jackson Hole) and the preliminary August PMI reports. Two G7 members, Germany and Canada, hold national elections in September. The Fed's Jackson Ho...

US equities recovered smartly yesterday from gap lower openings but failed to help stabilize the Asia-Pacific and European shares today. Hong Kong, China, and South Korea led today's retreat, and the MSCI Asia Pacific Index fell for the fourth week in the past five. Europe's Dow J...

The US dollar rallied after the Federal Reserve signaled that a majority are inclined to reduce the pace of bond purchases this year, even though the short-end interest rate markets took it in stride. The euro flirted with $1.17 yesterday but convincingly broke it in Asia earlier toda...

The Reserve Bank of New Zealand appeared poised to hike rates today, but the government's decision to impose a three-day lockdown deterred them. Sterling remains trapped near yesterday's trough that extended to an almost four-week low near $1.3725. The US dollar was consolidating ...

A lockdown in New Zealand and the Reserve Bank of Australia signaling it will respond if the economic fallout increases sent the Antipodean currencies sharply lower. Beijing's regulatory crackdown continued with draft regulations seeking to bank "unfair competition" and restrictions o...

Nearly all the major markets in the Asia Pacific region fell, but India, perhaps encouraged by a large infrastructure initiative unveiling yesterday. China's July data disappointed, and the resurging virus warns of further weakness this month, which has seen a large port shut and regu...

The key driving force in the foreign exchange market that has lifted the dollar is a reconsideration of the trajectory of Fed policy. The US recovery is uneven, and this will be illustrated by next week's reports. After contracting in Q1, the Norwegian economy snapped back in Q2, ...

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...