Previous 10 | Next 10 |
Overview: Shortly after the US stock market opened sharply lower, the Federal Reserve announced that its Main Street facility was up and running. US stocks never looked back. After the S&P 500 recouped its full decline, the Fed announced it would begin buying corporate bonds. Up until no...
Overview: The swing in the pendulum of market sentiment toward fear from greed began last week and has carried over into today's activity. Global equities are getting mauled. In the Asia Pacific region, no market was spared as the Nikkei's 3.5% drop, and South Korea's 4.7% fall led the way. ...
A phase in the markets that began in mid-May ended last week with a dramatic sell-off in stocks and risk-assets in general. The Federal Reserve confirmed what investors already knew. After all, the implied interest rates for the December 2021 Fed funds futures implied a negative yield at the...
The AUD/JPY currency pair, which expresses the value of the Australian dollar in terms of the Japanese yen, has recently fallen after tepidly yet nevertheless succeeding in exceeding its 2020 high of approximately 76.50. In a recent article of mine, I suggested this was a level at which AUD/...
Overview: Many observers are attributing the sell-off in risk assets today to the Federal Reserve's pessimistic outlook, yet, as we note below, the Fed's median GDP forecast this year is better than many international agency forecasts, including the OECD's that was issued yesterday. Moreover...
Overview: The pullback in US shares yesterday has not derailed the global advance. Japanese and Chinese markets were mixed, the Hang Seng slipped, and Indonesia was hit with profit-taking, but the MSCI Asia Pacific Index eked out a small gain. It has fallen once in the past two and a half we...
Overview: The S&P 500 turning higher on the year was the last straw before an arguably overdue bout of profit-taking kicked-in and is the dominant feature today in the capital markets. It began slowly in the Asia Pacific region. Equities were mixed, and Australia's 2.4% rally and the 1.6...
Overview: The MSCI Asia Pacific Index rose for a sixth consecutive session. Japan, Taiwan, Singapore, and Indonesian markets advanced more than 1%. European bourses are mixed, with the peripheral shares doing better than the core, leaving the Dow Jones Stoxx 600 about 0.5% lower near midday ...
A 10 million-beat on the May non-farm payrolls failed to trigger much dollar demand. Indeed, the dollar fell to new session lows against a few currencies after the report, including sterling and the Mexican peso, which are discussed at greater length a bit lower. There does appear to have ...
The AUD/JPY currency pair, which expresses the value of the Australian dollar in terms of the Japanese yen, is a risk-on currency pair which tends to rise as global risk sentiment improves. The reverse is true; when risk sentiment falls, and especially as equity downside volatility Arises, AUD...
News, Short Squeeze, Breakout and More Instantly...
Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 Company Name:
DJPY 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...