UGBP News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159 From 06/17/21

Most equity markets in the Asia-Pacific region fell. China, Hong Kong, and Taiwan were notable exceptions. Norway's central bank has sharpened its message. At today's meeting, it signaled a likely rate hike in September. In the U.S., today's data pales in comparison to yesterday's...

With the outcome of the FOMC meeting awaited, the dollar is narrowly mixed in quiet turnover. The Scandis are the weakest (~-0.3%) among the majors, while the Antipodeans are the strongest (~+0.25%). Equity markets are mixed, with the MSCI Asia Pacific Index succumbing to profit-t...

The new record high in the S&P 500 and the NASDAQ's sixth gain in seven sessions may have helped lift Asia Pacific markets today. The US dollar is narrowly mixed against the majors. Despite July WTI hovering around $71 a barrel, other commodities are weaker. After paring l...

The short squeeze that lifted the US dollar ahead of the weekend has seen limited follow-through buying, and instead a consolidative tone emerged. Tensions over Brexit were not resolved at the G7 meeting. Biden and Putin are to meet on Wednesday. Gold dropped $21 ahead of the ...

The US 10-year yield fell last week to its lowest level in three months, and the weekly decline was one of the largest in the past year. The dollar rose against nearly all the major currencies, helped by a bout of short-covering ahead of the weekend. After falling to sustain the m...

Beijing has taken several initiatives in recent weeks on commodities, the yuan, and crypto. It is stepping up its efforts to rein in commodity prices. The UK reported a surge in April GDP of 2.3% after a 2.1% increase in March. In the month, industrial output and manufacturing fell. ...

China reported May lending was strong despite the official efforts to curb it. Bank loans edged up to CNY1.5 trillion from CNY1.47 trillion. The EU-UK tensions are rising. The EU is threatening tariffs and quotas as it accuses the UK of backtracking on legally binding commitments and ...

The Canadian dollar has appreciated by almost 3.4% since the Bank of Canada's April meeting. It is the strongest of the major currencies. China reported a smaller than expected rise in last month's consumer prices, but a larger rise in producer prices. Gold is unable to benefit fr...

The US reports the April trade balance and the JOLTS report on job openings. Despite the limited yield support, the dollar is steady to firmer, with sterling, New Zealand dollar, and yen nursing 0.20%-0.35% losses. Gold was sold after pushing above $1900, and July WTI, which teste...

Most markets in the Asia-Pacific region edged higher. Australia, Taiwan, and Hong Kong were notable exceptions. Germany disappointed with a 0.2% decline in April factory orders. The sting may have been mitigated by the revision to the March series to 3.9% from 3.0%. The Canadian d...