UGBP News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159 From 03/19/21

Oil, equities, and bonds are stabilizing after yesterday's sell-off. BOJ Governor Kuroda claimed to simply be clarifying the central bank's stance when it announced that the 10-year yield can move in a 25 bp band around the zero target. BOJ adjusted its equity purchases. The U...

Asia Pacific equities mostly advanced after the US benchmarks recovered following the dovish FOMC. Australia, New Zealand, and India did not participate in today's gains. European bourses edged higher, but US shares are struggling, and the NASDAQ futures are off nearly 1%, threate...

The US dollar and Treasury yields firm ahead of the outcome of the FOMC meeting. The dispute between AstraZeneca and Europe may come to a head tomorrow. The FOMC meeting and Powell's press conference is the event of the day. For further details see: Waiting For The Fed ...

Yesterday's new record highs in the S&P 500 and Dow Jones Industrial helped set the tone for today's advance in the Asia Pacific region and Europe. The US Treasury's International Capital report showed China bought nearly $23 bln of US Treasury bonds in January. Ahead of the F...

The capital markets are beginning a new and busy week in a non-committal fashion. Except for Japan, Hong Kong, and Australia, most markets in the Asia Pacific region were lower, led Chinese and Indian shares. The US dollar is mixed against the majors, with the New Zealand and Cana...

The recovery in equities that saw the S&P 500 set new record highs, the US raise $120 billion in coupon sales, and an ECB that promised to "significantly" boost bond purchases immediately fizzled ahead of the weekend. The US dollar rebounded too after key supports held and interes...

The global capital markets are reversing hard into the weekend. The Australian dollar has appreciated by almost 10% since early November's pivot in terms of the US election and vaccine. Canada is expected to have grown jobs last month for the first time since November. For f...

Led by China, the major markets in the Asia-Pacific region rallied. Europe's Dow Jones Stoxx 600 is stretching its advance into a fourth session and is up around 3.5% this week. The US dollar is trading lower against nearly all the majors but the Japanese yen. Emerging market ...

Japan's Q4 20 GDP was revised down to 11.7% from 12.7% at an annualized pace and 2.8% from 3.0% quarter-over-quarter. The euro edged closer to the 200-day moving average (~$1.1830) in early Asia before rebounding and putting in a high near $1.1910. The US 10-year yield is off more...

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