Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: With Fed Chair Janet Yellen’s recent dovish comments still in investors’ ears, US Treasuries retained a firm tone in European trade on Thursday while the US dollar remained under pressure.
GREECE: After a two-week hiatus due to Catholic Easter holidays, the ECB/IMF/EC/ESM mission heads are expected to return to Athens on Saturday, April 2nd to resume discussions with Greek authorities in the context of the 1st programme review. Official talks are scheduled to commence on April 4th with the intention to reach an agreement on the bulk of the prior actions ahead of the April 7th Euro Working Group or by April 12th -13th, at the latest, when the mission heads are scheduled to depart for the IMF’s 2016 Spring Meeting that commences on April 15th in Washington D.C.
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