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The MSCI Asia Pacific Index extended its advance for an eighth consecutive session, and European shares are little changed, caught between rising energy and falling utilities. The dollar is softer, with the Antipodeans and Swedish krona leading. Gold is pushing toward $1950 after ...
U.K. Prime Minister Boris Johnson announces a national lockdown in an effort to keep a more transmissable form of COVID-19 from overwhelming the country's national health system.The British pound falls 0.8% against the U.S. dollar.People can only leave home for certain reasons, including goin...
The manufacturing PMI for the eurozone slipped to 55.2 in December from the flash reading of 55.5, but the takeaway is that it is at its highest level since May 2018. In the U.S., the highlight of the week is the employment report on January 8. A sharp slowdown (some are warning of an...
Dollar: Three dates in the coming weeks stand out. Europe finished 2020 with several successes. The dollar fell by 1% in December against the yen. The Canadian dollar was the worst-performing major currency in 2020. Nearly half of last year's 9.5% appreciation of the Austr...
Between February 23 and March 31, the dollar’s fluctuation against major currencies was trendless. The GBP lost 5.12 percentage points against the dollar, and the JPY fell by 4.21%. Meanwhile, the euro rose by 1.61%. The SWF's slight slump (-1.54%) reinforces the hypothesis tha...
After four and a half years, two general elections and plenty of missed deadlines, Britain is finally closing a chapter on Brexit.The U.K. House of Lords gave the green light to Boris Johnson's post-Brexit trade deal late Wednesday, just 24 hours before the country's final split from the Euro...
Don't expect the negotiations to stop now that a Brexit deal is signed, which gives Britain and the EU tariff- and quota-free access to each other's goods.The thin trade agreement may help solve issues in the worst-affected sectors, such as farming and car manufacturing, but there are other b...
After nine months of protracted negotiations, the EU and Britain went into the late hours of the night finalizing a historic post-Brexit trade deal, just a week before the U.K. would crash out of the bloc's single market.Sterling is up on the news, climbing 0.8% to $1.3598.The full legal text...
Brexit trade talks are said to be hanging in the balance once again as officials trying to wrap up negotiations today, with the U.K. only a week away from leaving the single market.Discussions are still hung up over fishing rights, though the other two issues, a competitive playing field and ...
The "strong dollar policy" was never about the exchange rate per se. It was a pledge to investors and creditors that the US would not seek a weaker dollar to secure trade advantage or reduce its debt burden. China closely manages its exchange rate. Too much, and too opaque for most ob...
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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...