Flash | 21 Aug 2025 13:07:25 ET │ 10 pages China Materials 2025 On-ground Demand Monitor Series #125 – Aluminum Inventory and Consumption CITI'S TAKE In this series of notes, we aim to track and analyze high-frequency on- ground demand trends in China – market expectation on demand recovery has been largely cautious. In this note, we enclose weekly data from Mysteel, a consultant, on China aluminum ingot and billet production, inventory, and apparent consumption data during the week of 14th to 20th August 2 ...

V i e w p o i n t | 21 Aug 2025 21:26:47 ET │ 10 pages China Economics China Export Tracker (16): High Base to Kick In? CITI'S TAKE We update our high-frequency trackers of Chinese exports up to Aug 20th . Tail risks for US-China tariffs could be largely defused, while uncertainty remains on US demand. China's overall cargo throughput remained stable but is softening in year-on-year terms as the high base from last year gradually kicks in. +852-2501-2792 xinyu.ji@citi.com Yuanliu Hu AC +852-2501-2746 yuanli ...

V i e w p o i n t | 20 Aug 2025 08:41:26 ET │ 27 pages Global Economic Outlook & Strategy Tariffs Remain Front & Center CITI'S TAKE The global economy has shown continued resilience. Growth during the first half of the year slowed to 2½%, down from near 3% last year. But consumers and firms have absorbed tariff-related pressures surprisingly well, and our narratives for global inflation, monetary policy, and markets have remained broadly intact. Going forward, we see global growth stepping down in H2 to a l ...

Citigroup’s two remaining traders on its Latin America corporate credit desk in New York have left the bank, according to people familiar with the matter https://t.co/I5KgRSK5ve ...

Citigroup has named Erik Savola as head of corporate banking for Europe as the US bank continues to beef up its investment banking franchise https://t.co/oT6uV8q851 ...

We are back on halftime with final trading. Steve Weiss, you're up first. >> I bought some verdives.Stocks down over 20% since they reported a great quarter. Data center craze isn't dying anytime soon. >> Kevin Simpson, >> DraftKings football season kicks off this week in Philadelphia.Go Birds. >> Jason Snip, >> Palo Alto. I really like this cyber arc acquisition.I think we'll be a creative to the name. >> Jim Labenthal with the final word. >> Cityroup.And as the old commercial goes, and I'll only do this o ...

据香港交易所披露，贝莱德（BlackRock）对中兴通讯股份有限公司 - H股的多头持仓比例于2025年8月 18日从7.21%降至6.65%。花旗集团对其多头持仓比例于8月18日从4.24%增至5.05%。 ...

Despite the abruptly weakening economic data, we still see a hopeful summer for China markets, a view we have held through the summer. Liquidity could be the primary driving factor behind, which improved across the board in the past few weeks. We don't expect an imminent tightening by the PBoC despite the MPR's guidance to prevent "funds circulating within the financial system". After recent consumer-supporting measures, we eye on a potential new round of property support and a catch-up in infrastructure co ...

Personnel Change - Citigroup appointed Asghar Ali as head of corporate banking real estate to enhance its position in the sector [1]

Group 1 - Gold prices have surged as market participants seek safe-haven assets amid declining stock prices of major tech companies, with spot gold reaching around $3,350 per ounce [1] - The anticipation of a potential interest rate cut by the Federal Reserve in September has contributed to the rise in gold prices, with futures traders estimating a nearly 90% chance of a 25 basis point cut [4] - Major banks like Goldman Sachs and Morgan Stanley have shifted their outlooks, with Goldman predicting gold could reach $4,000 per ounce by mid-2026 due to strong central bank demand and ETF inflows [5][7] Group 2 - The recent deterioration in U.S. non-farm payroll data is seen as a strong catalyst for rising gold prices, with Morgan Stanley projecting a target price of $3,675 per ounce by year-end and potentially reaching $4,000 per ounce early next year [7] - Citigroup has revised its three-month gold price forecast from $3,300 to $3,500 per ounce, citing a significant decline in economic growth outlook and inflation concerns [6] - The overall sentiment in the market is leaning towards bullish for gold, driven by fears of economic slowdown and expectations of a dovish shift in Federal Reserve policy [2][3]