UGBP News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159 From 02/18/21

The bout of profit-taking in equities continued today, and most markets in Asia Pacific and Europe are lower. Europe reported the collapse of new car registrations in January, a useful proxy for auto sales. The US dollar reversed higher from almost CAD1.26 on Tuesday and reached C...

After reversing higher yesterday, the US dollar sees follow-through gains today, leaving the euro around a cent lower from yesterday's highs. The UK's January consumer prices were a touch firmer than expected. Fed talk was interesting yesterday and may offer insight into what Chai...

Like in the US, Britain is likely to see some pent-up demand emerge this year as the economy reopens. But the corresponding impact on inflation is unlikely to be a major concern for the Bank of England. That suggests any tightening of monetary policy is going to be a 2023 story at...

The equity rally appears undeterred by the rise in interest rates or the surge in oil prices. China is reportedly threatening to weaponize its rare earth capacity. Sterling is approaching our 2021 target of $1.40 quicker than we anticipated. Both Canada and the US report Decem...

US and Greater Chinese markets are closed today, but the markets are moving. The Nikkei led the Asia-Pacific region with a 2% gain and pushed above 30000 for the first time since 1990. The Dow Jones Stoxx 600 gapped higher in Europe, led by energy, communications, and financials. ...

The pullback in the dollar that began with the January job report looks to have been completed last week. We expect the stimulus bill to allow the dollar to continue to recover. However, that will be followed by the impact of the fiscal stimulus in Europe and concerns that can be ...

Most Asia-Pacific markets are still closed for the holiday, but Victoria's snap lockdown dragged Australian shares lower. Selling pressure is clearer in Europe, where the Dow Jones Stoxx 600 has had a heavier bias. US shares are also trading off, though coming into today, the S&am...

Reaching a deal removes the main obstacle for a continued recovery of the pound sterling against the U.S. dollar, which is our expectation. Relative to the only other realistic option of no deal, the post-Brexit trade agreement certainly leaves the growth outlook for the UK and the EU...

After seeing strong demand at the 10-year note auction yesterday, the US benchmark is yielding about 1.14% today. If the US-China relationship is the most important in the world, as has often been claimed, one would not know it from the communication over the past few weeks. The E...

Despite a soft close in US indices yesterday, global shares are on the march again today. Rising commodity prices did little for Japan's PPI. The euro approached our $1.2150 target in late Asian turnover. For further details see: China's Expansion Does Not Prevent Deflat...