UGBP News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159 From 03/09/21

The pound has performed well against the USD. The pound has performed well against the euro. USD weakness may continue. For further details see: Positive Trend Of The British Pound Amid U.S. Dollar Uncertainty

The attack on Saudi Arabia's largest crude terminal reverberated through the capital markets, where sentiment was already fragile, despite the lack of disruption. Japan's January current account surplus was about half of what economists had expected (JPY647 bln vs. JPY1.253 trillion)....

The bond sell-off is prompting some position-squaring in the oversold dollar, which may remain supported in a week where the release of US CPI numbers may leave bonds vulnerable. The ECB meeting will be centred around any possible verbal intervention against rising yields. Bank of...

The US dollar's recovery continued last week, with new highs for the year being recorded against the euro, yen, and Mexican peso. The key driving force is interest rates and ideas that the US monetary spigot will be turned down before Fed officials acknowledge. The very forces tha...

The combination of OPEC+ decision not to boost output next month and Fed Chair Powell's seemingly lack of concern about the level of long-term rates pushed on a door that was already open. German factory orders were nearly three times stronger than the 0.5% gain than the median foreca...

Following a poorly informed initial response, the UK government has pushed ahead with a world-leading vaccination program and looks set to emerge from the pandemic towards the head of the pack. The second wave of lockdowns has hit consensus 2021 earnings forecasts in the most exposed ...

The MSCI Asia Pacific Index suffered its biggest decline of the week today. The Dow Jones Stoxx 600 Index in Europe is buckling under pressure and is posting its first decline of the week. US stocks remain soft, but the futures on the major indices are off their lows. The doll...

Led by a 2.7% rally in Hong Kong, Asia-Pacific markets all advanced. Europe's Dow Jones Stoxx 600 is up for the third consecutive session. US shares enjoy a firmer tone. The dollar is finding better traction in Europe, and sterling is a bit stronger ahead of the budget. Em...

The Reserve Bank of Australia remains committed to defending its 3Y target rate. Global yields start to stabilise. Equities pause after a strong rally. For further details see: FX Daily: RBA Remains Serious About Yield Containment

The large markets in the Asia Pacific region but India and South Korea fell. Europe's Dow Jones Stoxx 600 steady, recovering from initial losses. The Reserve Bank of Australia took no fresh initiatives, and the 3-year yield targeted at 10 bp is closer to 15 bp. US index future...