UGBP News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159

UK July Consumer Price Index :+0.6% M/M vs. vs. +0.4% consensus, +0.8% prior. +10.1% Y/Y vs. +9.8% consensus, +9.4% prior. Rising food prices made the largest upward contribution to the change in both the CPIH and CPI annual inflation rates between June and July 2022. ...

The current rate hiking cycle is showing no signs of letting up as the Bank of England gets ready for its sixth increase since December. This time around, the U.K. central bank is even expected to raise borrowing costs by 50 basis points, or double its previous round of quarter point hi...

UK Manufacturing PMI : +52.1 vs. 52.2 consensus, +52.8 in June. Manufacturing PMI falls to 25-month low. Output falls in consumer and intermediate goods industries. Job creation accelerates as companies address staff shortages. Unlike, other European countries, UK mana...

Brexit has been out of the news for some time... that is, until yesterday. Embattled U.K. Prime Minister Boris Johnson has announced his intention to override the so-called Northern Ireland Protocol, which sought to prevent a hard border being erected between the Republic of Ireland (part of ...

The uncertainty over the economic outlook is now arguably the highest it has been over the past several years. The war in Ukraine is having a significant impact on trade flows - particularly in agricultural commodities. Alongside China lockdowns, bottlenecks look set to worsen in the ...

Pressure is growing on the European Central Bank to raise interest rates as eurozone inflation hit a record 5.1% in January, topping estimates by the most in two decades. Until now, the ECB has lagged other central banks in responding to escalating price pressures, and has said it wouldn't in...

The uncertainty over the economic outlook is now arguably the highest it has been since the start of the pandemic in early 2020. While economic growth has been strong, as economies have largely opened up, the supply-side has struggled to keep up with resurgent demand, with the consequ...

The United Kingdom and European Union are back at the negotiating table today in an attempt to dodge a looming trade war. While Britain officially left the EU in January 2020, a number of hard-fought trade arrangements that have been inked since then have been criticized for disrupting trade....

Stocks are continuing their march higher following a predicted move by the Fed to wind down its pandemic-era bond purchases. The central bank will cut its monthly Treasury purchases by $10B and mortgage-backed securities by $5B, though it left the door open to accelerating that pace (the prog...

A decent US jobs figure will allow the Fed to announce the taper next month. Inflation will keep the pressure on the Fed, arguing for further steepening of the curve into next week's bond supply. The ECB has yet to figure out how to react to higher inflation, but also avoid the ne...