Citigroup

Citi Warns Trading Revenue To Tumble 15% In Q3 Due To "Subdued Volatility"

Three months after its last such warning, Citi once again advised that its sales and trading revenue in Q3, which is ending in less than three weeks, will be down 15%, as the quarter "is lacking the volatility that pushed revenue higher in third quarter of 2016" underscoring as he did last quarter, that volatility remains “subdued."

Dow Jones Changes "Hoax" Index Divisor For First Time In 2 Years

For the first time in two years, the owners of the Dow Jones Industrial Average have changed the benchmark’s divisor, the number used to determine how moves in the share prices of individual Dow components affect the level of the index... "Is the number of points that the Dow Jones now gives us a truth or a fictional truth?"

Stocks Slide After Trump Threatens Government Shutdown Over Wall Funding, Killing NAFTA

US equity futures reversed early gains to slip as much as 0.3% following a fiery Trump campaign rally speech in which he threatened to shutdown government over border wall funding. Additionally, the yen strengthened, while the Mexican peso weakened 0.2 percent as the president also said he might terminate the North American Free Trade Agreement at some point.

Despite Sanctions, Qatar Is Still Outpacing Saudi Arabia In Economic Growth

Though the extent of Qatar’s economic expansion sees new limits, it still outpaces its former GCC allies. It is ahead of Saudi Arabia by 0.5 percent and the United Arab Emirates by two percent, the latest surveys say. And that is a problem for the GCC, especially for Saudi Arabia.

Eclipse Day Begins With S&P Futures Flat While Industrial Metals Soar

S&P500 futures, as well as Asian and European stocks, started off the week off unchanged after the S&P cash index fell to its lowest level in five weeks on Friday, with the "Bannon rally" fading on growing concerns about the US political situation, while tensions ratcheted up again as the US and South Korea began massive military drills

S&P Futures, Euro, Stocks Fall After Fed's Low Inflation Warning

S&P futures, European stocks and bond yields all fell in early trade alongside oil and the euro after the latest Fed minutes expressed concern over weak U.S. inflation, while Asian equities rose overnight ahead of WalMart earnings and the latest ECB minutes