Citi

Citi FX analysts provide insights into the performance of the Australian dollar against various currencies, and predict a challenging path for the Australian dollar. According to the brokerage, the recent sharp drop in the exchange rate…

Citigroup has expressed concerns about the potential impact of the upcoming US presidential election in November on high-beta currencies, and expects the New Zealand dollar (NZD) to underperform. According to Citigroup, the financial…

Adam Goulet Citi has upgraded Nevro (New York Stock Exchange: NFPRO) to neutral, citing the recent sell-off in the stock following the company's revised guidance. The investment bank noted that Nevero's shares have fallen about 74%…

Japanese stocks are expected to gradually recover in September and October, analysts at Citigroup said, but they recommended a defensive stance in the market amid uncertainty over the Bank of Japan and the U.S. economy. Japanese stocks…

In a note to clients on Thursday, Citi strategists assessed how the upcoming U.S. presidential election in 2024, which is likely to be a battle between Donald Trump and Kamala Harris, could impact oil prices. Under the Trump administration,…

Reuters published a piece from Citi's report on politics and oil.Briefly:Trump presidency may cause oil prices to fallA combination of factors including tariffs, oil-friendly policies, and OPEC+ pushing more oil into the marketThe main…

Citigroup highlighted the key support level for the Japanese yen against the US dollar, noting that the pair maintained its position above the 152 level. This level was previously identified as an important resistance point throughout 2022…

On Monday, Citi reiterated its buy rating on Micron Technology (NASDAQ:) with a $175.00 price target. The firm expressed concerns that the stock could face short-term pressure. The focal point of these concerns is the expectation that…

Citigroup Inc. (NYSE:) reported a strong second quarter for 2024, with a net income of $3.2 billion and earnings per share (EPS) of $1.52. The bank saw revenues increase by 4%, with notable growth in its Services, Markets, Wealth, and US…

By Michelle Price, Beth Schroeder, and Tatiana Bautzer WASHINGTON (Reuters) - U.S. banking regulators have fined Citigroup Inc $136 million for making “insufficient progress” in fixing data management issues identified in 2020 and required…