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British retail sales rebounded more strongly than expected last month, jumping by a record 12% as the country relaxed lockdown measures, but government borrowing surged to counter coronavirus impacts on the economy. More news on: iShares MSCI United Kingdom ETF, Invesco CurrencyShares Br...
The jobless rate looks set to soar in the UK despite government efforts to help companies retain staff, as firms lay off workers and drastically reduce their demand for new staff. Pay growth has meanwhile slumped, adding to worries that consumer spending will be hit by both rising unemployment...
UK Prime Minister Boris Johnson and other high-ranking UK government officials connected on June 15, 2020, via a video call with the leaders of EU institutions, marking the first of multiple top-level Brexit meetings scheduled until the end of July. Prior to the new negotiations on future UK-E...
It's central bank day in Europe. More news on: iShares MSCI United Kingdom ETF, Invesco CurrencyShares British Pound Sterling Trust ETF, Invesco CurrencyShares Swiss Franc Trust ETF, News on ETFs, Global news and forex, Read more ...
The GBP/USD currency pair, which expresses the value of the British pound sterling in terms of the U.S. dollar, seems to be struggling to maintain "risk-on" characteristics in recent times. When a particular currency rallies as risk sentiment improves, we might describe it as a "risk-on" curre...
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...
Besides logging the highest COVID-19 death toll in Europe, the U.K. has also paid a heavy economic price. More news on: iShares MSCI United Kingdom ETF, Invesco CurrencyShares British Pound Sterling Trust ETF, iPath GBP/USD Exchange Rate ETN, News on ETFs, Global news and forex, Read...
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...
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Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159 Company Name:
UGBP 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...