UGBP News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159 From 03/28/21

The dollar set new highs for the year against the euro, yen, Swiss franc, the Swedish krona, Australian and New Zealand dollars, and Chinese yuan last week. Our target for the euro ($1.1770) and Dollar Index (92.75) have been met, and the greenback has approached our JPY110 objective ...

Figures released by the EU yesterday as it seeks to justify its actions that could ban exports of the vaccine show that it has exported more vaccines than it has administered. After seeing reasonable demand for the week's early coupon sales, the US Treasury's seven-year note sale was ...

Upgrades to consensus EPS forecasts have continued apace, further cementing expectations for a V-shaped global growth recovery this year and next. FTSE World estimates for this year have been raised significantly over the past three months (from 15% to 28%), bolstered by upgrades for ...

The euro and yen remain under pressure, but the dollar-bloc currencies are finding a little better footing today as equities and bonds look for fresh direction. US shares have stabilized after the S&P 500 lost 0.5% yesterday and the NASDAQ tumbled 2%. The US reports weekly ini...

A day after the Japanese government downgraded its assessment of exports for the first time in 10 months, the preliminary March PMI shows the manufacturing sector improving. Germany and France reported better than expected flash PMIs, but with new lockdowns amid a third wave of the vi...

Considering the major jump in volatility at the end of February, for our latest survey we sought an updated consensus over the managers' thoughts on the speed of economic recovery. Additionally, we asked what their inflation expectations going forward are, and whether higher rates in ...

The US, UK, EU, and Canada announced sanctions against China yesterday for human rights violation. The UK employment report was weak, even if not as soft as expected, but the market seems to be looking past today's report with the vaccine rollout. Existing home sales were reported...

Equities in the Asia-Pacific region and Europe found little support from the lower bond yields. The market reacted violently to the developments in Turkey and marked the lira 15% lower in early trading. Gold had been flirting with the $1750 area last week and has come back offered...

US benchmark 10-year Treasury yields rose for the seventh consecutive week. What is striking is that the rise in US yields took place as oil prices tumbled. The US dollar was mostly firmer, but its gains were concentrated against the Scandis and euro. The Japanese yen was the stro...

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...