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Overview A flurry of deals, including the still-evolving Oracle ( ORCL )-TikTok ( BDNCE ) tie-up, helped lift equity markets in the Asia-Pacific region. South Korea's Kospi, and Indonesia, which had been battered last week, led the advance. The MSCI Asia Pacific Index rose for the third cons...
The AUD/USD currency pair, which expresses the value of the Australian dollar in terms of the U.S. dollar, is currently trading above its 2020 opening price of 0.7016, and therefore also firmly above the midpoint of its longer-term trading range (from May 2015) of roughly 0.6840. The weekly ca...
Often, there seem to be one or two drivers of the foreign exchange market, but now there are several cross-currents. Sterling's weakness is a phenomenon of its own making. US-China tensions continue to run high as Washington has ratcheted up pressure on China and is insisting on the Septembe...
Overview: A strong recovery in US stocks, a softer dollar, and higher gold and oil prices may signal the end of the brief though dramatic correction, but the market is in a bit of a holding pattern ahead of the ECB meeting. Most of the major equity markets in the Asia-Pacific region stabiliz...
Overview The markets remain on edge. US-China tensions are escalating. Strained Brexit talks are set to resume today. Profit-taking in the tech space has continued. The ECB meeting is around the corner. The MSCI Asia Pacific Index snapped a three-day slide today with most markets moving high...
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Overview The dramatic sell-off of US shares yesterday is the main focus, capturing the limelight from other forces, including today's US employment report. It was the third-worst session for the S&P 500 since the March 23 bottom, and the other two did not see follow-through selling. As...
Overview: The US dollar is continuing to recover after hitting new lows earlier in the week. It is lower against all the major currencies and most of the emerging markets. A report in the Financial Times suggesting that there is a concern about the euro's recent strength at the ECB has added...
Overview After poking above $1.20 for the first time in more than two years, the euro reversed lower yesterday and is continuing to succumb to profit-taking pressures today. Comments from ECB's Lane appeared to trigger a reversal yesterday throughout the currency markets. Gold also reversed ...
Australia has become the latest country to officially enter a recession, though the 7% GDP decline was a lot better than the coronavirus-induced devastation to other economies, particularly those in the West. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dol...
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Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E605 Company Name:
DAUD Stock Symbol:
NYSE Market:
Citigroup Global Markets Holdings Inc. (“CGMHI”) announced today that it will accelerate at its option, and in full, the ten series of exchange-traded notes listed in the table below (the “ETNs”). Holders of the ETNs will receive a cash payment per ETN in...