Previous 10 | Next 10 |
UK all-sector PMI at 49.5 in November, signalling modest downturn. Service sector downturn offset by faster growth in manufacturing and construction. Business optimism lifted by vaccine news, but temporary Brexit boost likely to fade next year. For further details see: U...
The dollar's decline accelerated and broadened last week. It convincingly broke out of its recent ranges. The recent string of economic data suggests that while US activity has moderated and the recovery continues, Japan and Europe may be experiencing a new contraction. Strategica...
Britain must have "freedom" to make its own rules, Prime Minister Boris Johnson told the EU last night, as cabinet ministers said he should pursue a no-deal Brexit unless Brussels backs down.According to the Times newspaper, Johnson and Ursula von der Leyen, the president of the European Comm...
As widely expected, the Reserve Bank of India kept its key rate steady at 4%. The repo rate began the year at 5.15%, and it was cut to 4.0% in two steps by May, where it has stood. Sterling wobbled following the UK claims that the EU was adding last-minute demands in its negotiations....
There's only four weeks left until the U.K. formally exits the EU on Dec. 31 and a trade deal isn't looking any more likely.British officials are accusing French President Emmanuel Macron of throwing a wrench into talks last night, saying he is making new Brexit demands at the eleventh hour.T...
Australia's service and composite PMIs were revised higher from the flash readings that already had shown improvement over October. The eurozone's service and composite PMIs were revised a little higher but do nothing to assuage fears that it is contracting here in Q4. In the U.S....
The selling pressure that drove the dollar lower yesterday has abated, and the greenback is paring yesterday's loss, though the dollar-bloc currencies are showing some resilience. EC negotiator Michel Barnier briefed ministers that the same three issues that have bedeviled the trade t...
Stocks bounced back, and the US dollar is heavy, with few exceptions. The euro remains within striking distance of the $1.20-level and sterling flirted with $1.34. Emerging market currencies broadly are recovering, and the South African rand and Hungarian forint are leading today'...
GBP/USD continues to trade in a sanguine fashion into year-end, despite year-end serving as the official deadline for a U.K.-EU trade deal. Without a trade deal, a so-called "hard Brexit" scenario could serve a harder blow to the U.K. economy than even COVID-19 has, thus far. Shor...
China's November PMI was stronger than expected. The manufacturing component rose to 52.1 from 51.4. OPEC+ meets today and tomorrow. The issue is whether it will postpone the increase in quotas that had previously been agreed upon for January. Tomorrow the euro area will report th...
News, Short Squeeze, Breakout and More Instantly...
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...