Skip to main content
Citi

Citi Wealth Insights

-

Takeaways from COVID-19 Decouplings

Traditional financial market relationships have been stress-tested by COVID-19, economic lockdowns and aggressive central bank actions. Citi analysts highlight the most interesting breakdowns and potential investment implications
Continue Reading
-

Potential Headwinds for US Equities

With just 4% of the world population, new cases in the US are near 30% globally. A more sustained US fiscal response may be necessary and investors are also starting to focus on the US Presidential elections in November.
Continue Reading
-

Confluence of factors leaves risk appetite, USD mixed late week

USD: Month-end rebalancing flows mixed with elevated US political tensions (Trump tweets on delaying the USD election, dithering on phase 4 fiscal stimulus), strong earnings from US tech companies, positive Chinese manufacturing PMI showing recovery momentum carrying into H2 and mixed data from euro zone/ US in a summer market all add to a day of choppy price action on Friday.
Continue Reading
-

No signs of consolidation - USD extends losses post a dovish FOMC

USD: Fed holds rates unchanged as widely expected but its decision to extend extraordinary swap and repo operations from September 2020 to March 2021 is a minor surprise, given that the FX basis market (a barometer of onshore and offshore demand for USD liquidity) has completely normalized. The move highlights a cautious Fed, willing to keep USD liquidity ample for longer which helps to break the link between risk-off and USD outperformance in periods of economic duress.
Continue Reading
-

USD sentiment weak awaiting FOMC statement tonight

USD: Sentiment in the broad based USD Index (DXY) remains weak in continued pre-FOMC conversations overnight.
Continue Reading
-

USD extends losses on expectations for a more dovish lean from the Fed while euro zone data supports the euro

USD extends its decline ahead of FOMC meeting this week - USD moves decisively lower Monday, breaking key levels broadly.
Continue Reading